Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614552
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,26,25,000
EMD:₹12,62,500
Bid Increment:₹1,00,000
Auction Time:10:30 AM to 10:45 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a commercial property located in Yeshwanathapura, Bengaluru, Karnataka. The property is being auctioned by Karnataka Bank as part of a SARFAESI auction. The borrower is Mr. Krishnappa HT. This is a prime commercial asset in a well-connected area of Bengaluru, offering significant potential for business ventures or investment.
State:Karnataka
City:Bengaluru
Area:Yeshwanathapura
Asset Category:Commercial
Full Address:Kelagade Beedi Main Road, Huliyurdurga Village, and Hobli, Kunigal Taluk, Tumakuru District, Yeshwanathapura, Bengaluru
Size:4890.75 sq ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a commercial property in Yeshwanathapura, Bengaluru. The auction will take place on November 26, 2025, with a brief bidding window from 10:30 AM to 10:45 AM. The reserve price is INR 1,26,25,000, and the Earnest Money Deposit (EMD) required is INR 12,62,500. Interested bidders should ensure all documentation and payment for the EMD are completed prior to the auction start time.
Borrower Name:Mr. Krishnappa HT
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jyothi N
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial property in Yeshwanathapura, Bengaluru, offered at a reserve price of ₹12625000.0. Given the location and property type, it presents a calculated opportunity for investors. However, potential buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager & Authorised Officer
Contact no: —
