Property for Auction in Matadahalli, Bengaluru, Karnataka
Auction ID:571526
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹1,32,97,000
EMD:₹13,29,700
Service Provider:BAANKNET
Submission Date:24-09-2025 05:00 PM
Bid Start Date:25-09-2025 11:00 AM
A residential flat located in Matadahalli, Bengaluru, Karnataka. This property is being auctioned by Punjab National Bank. It is an excellent opportunity to own a home or invest in a prime location within Bengaluru. The flat is categorized as residential and is part of a SARFAESI auction. Detailed property specifications and location advantages can be inquired about during the auction process. The auction offers a chance to acquire a property in a well-connected area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Matadahalli
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Matadahalli, Bengaluru, Karnataka. The auction will commence on September 25, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this auction is ₹1,32,97,000.00, with an Earnest Money Deposit (EMD) of ₹13,29,700.00 required. This is a significant opportunity for potential buyers to acquire a property directly from the bank. Interested parties are encouraged to review all auction terms and conditions before participating. The auction is part of the recovery process for loans extended to Tobaco Momammed Musavvir & Maxolin Developers Pvt Ltd.
Borrower Name:Tobaco Momammed Musavvir & Maxolin Developers Pvt Ltd
Auction Type:SARFAESI Auction
Dealing official Contact No. (9632588100)