Property for Auction in Jigani Hobli, Bengaluru, Karnataka
Auction ID:554773
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹33,00,000
EMD:₹3,30,000
Service Provider:Auctionbazaar
Submission Date:20-08-2025 04:00 PM
Bid Start Date:21-08-2025 11:00 AM
This is a residential flat situated in Jigani Hobli, Bengaluru, Karnataka. The property is being auctioned by Karnataka Bank as part of a SARFAESI proceeding. Jigani Hobli is an area known for its developing infrastructure and potential for growth, offering a blend of residential and industrial prospects. The specific details regarding the flat's size, layout, amenities, and exact location within Jigani Hobli will be available in the detailed auction notice. Prospective buyers should conduct their own due diligence regarding the property's condition, legal status, and market value before participating in the auction.
State:Karnataka
City:Bengaluru
Area:Jigani Hobli
Asset Category:Residential
Karnataka Bank is conducting a SARFAESI auction for a residential flat located in Jigani Hobli, Bengaluru, Karnataka. This auction offers a prime opportunity to acquire a property in a developing area. The reserve price is set at INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate. The auction will be held online on August 21, 2025, from 11:00 AM to 11:30 AM. This is a secured asset auction under the SARFAESI Act, originating from a loan granted to M/s Hand S Food Works. Interested bidders are advised to review all auction terms and conditions provided by Karnataka Bank.
Borrower Name:M/s Hand S Food Works
Auction Type:SARFAESI Auction
Contact no:8885035382,080-22955928(Gen)/22955929(AGM