Flat for auction 103 Tejith Elegant, Bengaluru, Bengaluru by BOI

This is a residential flat located in Bengaluru, Karnataka, being auctioned by Union Bank of India under SARFAESI rules. The property is offered for sale with a reserve price of INR 64,80,000 and requires an EMD of INR 6,48,000. The borrower is Chandan Singh. Bengaluru is a well-developed city with robust infrastructure and amenities, making it an attractive location for residential property ownership.

Union Bank of India is conducting a SARFAESI auction for a residential flat in Bengaluru, Karnataka. The auction will commence on October 30, 2025, at 12:00 PM and conclude at 05:00 PM on the same day. The bidding starts with a reserve price of INR 64,80,000. Interested bidders must submit an Earnest Money Deposit (EMD) of INR 6,48,000. This is a prime opportunity to acquire a property in Bengaluru through a transparent auction process.

Located in a developing area of Bangalore, the property presents a solid investment opportunity given its reasonable reserve price and the growing demand for residential properties. The property's size and amenities make it a desirable option for families or renters. The 'Strong Buy' recommendation is based on a balanced consideration of location, property type, and favorable auction terms.