Flat for auction Basavanagudi Bengaluru 30 lakh UCO Bank

UCO Bank presents a SARFAESI auction for a residential flat located in the prime area of KG Road, Bengaluru, Karnataka. This is an excellent opportunity to acquire a property in a well-connected and desirable locality. The flat is part of a bank auction and offers potential for both self-occupation and investment. Its specific location within KG Road ensures proximity to essential amenities, educational institutions, and commercial hubs. The property is offered in its current state, making it ideal for buyers looking for a project or a ready-to-occupy space.

This is a SARFAESI auction conducted by UCO Bank for a residential flat in KG Road, Bengaluru. The auction has a reserve price of INR 29,64,000 and requires an Earnest Money Deposit (EMD) of INR 2,96,400. The auction will commence on November 28, 2025, at 01:00 PM and conclude on the same day at 05:00 PM. Interested bidders are advised to thoroughly review all auction terms and conditions, conduct due diligence on the property, and ensure they have the necessary funds and documentation ready for participation. This auction provides a unique chance to own a property in Bengaluru.

The property is a residential flat in Bengaluru, offering a reasonable investment opportunity. The reserve price appears fair for the location and size, but potential investors should verify the 'Not Known' encumbrance status. The auction terms are standard, making it a calculated risk with potential for value appreciation.