Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612821
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹1,84,30,000
EMD:₹18,43,000
Bid Increment:₹1,85,000
Auction Time:11 am to 1 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential flat located in the prime area of Jayanagar, Bengaluru, Karnataka. Situated in a well-developed locality, this property offers a comfortable living space. Jayanagar is known for its excellent infrastructure, connectivity, and amenities, making it a desirable location for residents.
State:Karnataka
City:Bengaluru
Area:jayanagar
Asset Category:Residential
Full Address:GF-01, FF-102, SF-103, #803/18/25, PID No. 58-36-25, 36th 'G' Cross, 4th 'T' Block, Jayanagara Extension, Ward No. 168 (580 Jayanagar), Bangalore, Jayanagar, Bengaluru
Size:1570 Sq.ft
Auction Description
An SARFAESI auction for a residential flat in Jayanagar, Bengaluru, conducted by The Special Officer and Component Authority. The auction has a reserve price of ₹1,84,30,000 and requires an Earnest Money Deposit (EMD) of ₹18,43,000. Bidders should note the auction start date and time as November 28, 2025, 11:00 AM, with the auction concluding at 01:00 PM on the same day.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Properties are free of all encumbrances
Why This Property
The property's location in Jayanagar, a prime area in Bengaluru, coupled with its status as a bank auction property, makes it a potentially strong investment. The relatively high reserve price suggests significant underlying value, while the auction terms are standard.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
