Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.9
Auction ID:612776
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹20,33,000
EMD:₹2,04,000
Bid Increment:₹21,000
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 presents an opportunity to acquire a flat in a well-known 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
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, Karnataka. 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 20,33,000, with an Earnest Money Deposit (EMD) of INR 2,04,000. This is a timely opportunity for interested buyers to participate in the auction.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
The property presents a reasonable investment opportunity due to its location in Bengaluru and clear title. However, the relatively low prime property score reflects the limited information on the immediate surroundings and potential for capital appreciation. It warrants consideration, but prospective buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:080-46010000
