Flat for auction 1 Akshaya Palms, yeshwanthour, Bengaluru by Kotak Mahindra Bank

Discover a promising residential flat within the "Akshaya Palms" apartment complex, located at Municipal No. 477, BBMP Ward No. 12, Abbigere Ward, Bengaluru. This property, identified as Flat No. 406 on the 4th floor, boasts a super built-up area of 1275 sq. ft., featuring two well-appointed bedrooms and a functional kitchen. The flat also includes the convenience of one dedicated car parking space in the basement. Situated in the rapidly developing Yeshwanthpura Hobli, the location offers excellent connectivity and proximity to essential amenities. The property is strategically positioned with a 50-feet road to the east, a 30-feet road to the west, another 30-feet road to the north, and private property to the south, ensuring good accessibility and light. This property represents a significant investment potential for first-time homebuyers or investors looking to capitalize on Bengaluru's thriving real estate market.

This SARFAESI auction presents a compelling opportunity to acquire a residential flat in the well-established area of Yeshwanthpura Hobli, Bengaluru, brought to you by Kotak Mahindra Bank. The auction is scheduled for July 31, 2025, with bidding open between 12:00 PM and 01:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, at 06:00 PM. The reserve price for this property is set at INR 28,00,000, with an Earnest Money Deposit (EMD) of INR 2,80,000. This process is facilitated by bankauctions.in. For any queries or further information regarding the auction process, interested parties are encouraged to contact Mr. Agnel Pillai at +918976929685, Mr. Rajender Dahiya at +918448264515, or Mr. Pushkant Kumar at +918789707113. Understanding the specific terms and conditions of SARFAESI auctions is crucial before participating.