Property for Auction in Varthur, Bengaluru, Karnataka
Auction ID:535032
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH (SARB), BENGALURU
Reserve Price:₹85,66,000
EMD:₹8,56,600
Service Provider:BAANKNET
Submission Date:04-08-2025 05:00 PM
Bid Start Date:05-08-2025 10:00 AM
Residential Flat No. B-009, Ground Floor, Block 'B' in the building complex 'LOTUS PALACE', located at Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore 560 103, Karnataka. The super built-up area is 1610 square feet, and it includes one covered car park space in the basement. The property is part of a larger parcel of land (Survey No. 1/3, 3/4 and 1/5) with BBMP Katha No. 4047, measuring 1 Acre 36 Guntas. The property is bounded by a road to the East, private property to the West, Sri. Munireddy Shyamanna Reddy Marappa's Property to the North, and private property to the South. There is also an undivided share equivalent to 637.98 square feet in the Schedule A property.
State:Karnataka
City:Bengaluru
Area:Varthur
Asset Category:Residential
This is a SARFAESI auction for a 3BHK Flat (No. B-009, Ground Floor, Block 'B') located in LOTUS PALACE, Varthur, Bengaluru, Karnataka. The flat has a super built-up area of 1610 sq ft and includes one covered car park space in the basement. The property is associated with Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore 560 103. The auction is conducted by the State Bank of India, Stressed Assets Recovery Branch (SARB), Bengaluru. The reserve price is INR 85,66,000.00 and the Earnest Money Deposit (EMD) is INR 8,56,600.00. The borrower is Shri. Prajwal P Shetty. The auction will take place on August 5, 2025, from 10:00 AM to 4:00 PM. The application submission deadline is August 4, 2025, by 5:00 PM. For inquiries, contact Smt. Jayalakshmi at +91 9945143159.
Borrower Name:Shri. Prajwal P Shetty
Auction Type:SARFAESI Auction
Authorised Officer's Details: Name: Smt. Jayalakshmi Mobile No: +91 9945143159 / Mobile No : +91 9945143159