Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613301
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 well-developed area of Jayanagar, Bengaluru, Karnataka. The property is being auctioned by The Special Officer and Component Authority under SARFAESI rules. Jayanagar is known for its excellent infrastructure, connectivity, and a host of amenities, making it a desirable location for residents. The flat offers a comfortable living space in a prime urban setting.
State:Karnataka
City:Bengaluru
Area:jayanagar
Asset Category:Residential
Full Address: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
The Special Officer and Component Authority is conducting a SARFAESI auction for a residential flat in Jayanagar, Bengaluru. The auction has a reserve price of ₹1,84,30,000 and an Earnest Money Deposit (EMD) of ₹18,43,000. Bidders are advised to carefully review all auction terms and conditions. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 01:00 PM on the same day. Interested parties should ensure they meet all eligibility criteria and submit their bids within the stipulated time.
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 of Bengaluru, coupled with its residential nature, makes it a worthwhile investment. The reserve price and EMD are reasonable for the location and size. The auction terms seem standard, adding to its appeal.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Contact no:6364403715
