Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612775
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹18,33,500
EMD:₹1,84,000
Auction Time:11 am to 1 pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Kasaba Hobli, Bengaluru, Karnataka. The property is being auctioned by The Special Officer and Component Authority under the SARFAESI Act. It represents an excellent opportunity to acquire a property in a well-established area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Kasaba Hobli
Asset Category:Residential
Full Address:10, Site No. 10, Khata No. 167, (1st A Cross, Rashad Nagar, 'C' Block, Ward No.25 Byatarayanapura CMC) Nagawara Gramathana, Kasaba Hobli, Bengaluru North Taluku, Bengaluru-560045, Kasaba Hobli, Bengaluru
Size:1080 sq.ft
Auction Description
The Special Officer and Component Authority is conducting a SARFAESI auction for a residential flat in Kasaba Hobli, Bengaluru. The auction will take place on December 5, 2025, from 11:00 AM to 1:00 PM. The reserve price for this property is INR 1,833,500, with an Earnest Money Deposit (EMD) of INR 184,000 required to participate. This is a prime opportunity for interested buyers to bid on this asset.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
The property is a residential flat in Bengaluru, presenting a decent investment opportunity. The location in Kasaba Hobli is a developing area, and the reserve price seems competitive. However, due diligence is crucial to assess the property's condition and potential appreciation.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:080-46010000
