Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612278
Bank Name:LIC Housing Finance Ltd
Branch Name:BENGALURU
Reserve Price:₹55,20,000
EMD:₹5,52,000
Bid Increment:₹25,000
Auction Time:11 AM to 3.00 PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
A residential flat located in Bengaluru, Karnataka. This property is part of a SARFAESI auction initiated by LIC Housing Finance Ltd. It presents an opportunity to acquire a flat in a prominent area of Bengaluru. The property is being auctioned due to loan default by the borrower, Mr. Gopal Krishna.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:601, NARAYAN'S-ARIES, Apartment No. 601, Sixth Floor, B-1 Block, NARAYAN'S-ARIES, Jakkur Village, Yelahanka Hobli, Bengaluru
Building/Society:NARAYAN'S-ARIES
Size:1303 Square Feet
Auction Description
This is a SARFAESI auction conducted by LIC Housing Finance Ltd for a residential flat in Bengaluru, Karnataka. The auction will take place on December 4, 2025, from 11:00 AM to 03:00 PM. The reserve price for this auction is INR 55,20,000, with an Earnest Money Deposit (EMD) of INR 5,52,000 required to participate. This auction offers a chance to purchase a property under specific banking regulations.
Borrower Name:Mr. GOPAL KRISHNA
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Bengaluru, a desirable location. The reserve price seems reasonable. However, potential buyers should conduct due diligence and consider the terms of the auction carefully.
Contact Details
Branch:Branch Office : BENGALURU
Service Provider:Auctionbazaar
Contact Details:
Mr. A S R Phaneendra
Contact no:8008177199
