Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612777
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹19,95,000
EMD:₹2,00,000
Bid Increment:₹20,000
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 excellent opportunity to acquire a flat in a sought-after area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Kasaba Hobli
Asset Category:Residential
Full Address:Site No. 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
An online SARFAESI auction will be conducted by The Special Officer and Component Authority for a residential flat in Kasaba Hobli, Bengaluru, Karnataka. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is INR 19,95,000, with an Earnest Money Deposit (EMD) of INR 2,00,000 required to participate.
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 opportunity given its location in Bengaluru and the relatively low reserve price. However, potential investors should carefully assess the nagawara gramathana area and auction terms before committing. The property type (flat) is generally desirable, but thorough due diligence is crucial.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
