Flat for auction B-009 Kasavanahalli Villa, Varthur, Bengaluru by SBI

Property for Auction in Varthur, Bengaluru, Karnataka

Property Type IconProperty Type:
Flat
Location IconLocation:
Varthur, Bengaluru
Auction Date IconAuction Date:
05-08-2025 10:00 AM

Auction Details

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

Important Dates

Submission Date:04-08-2025 05:00 PM

Bid Start Date:05-08-2025 10:00 AM

Property Description

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

Auction Description

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

Contact Details

Authorised Officer's Details: Name: Smt. Jayalakshmi Mobile No: +91 9945143159 / Mobile No : +91 9945143159

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