Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612778
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹20,52,000
EMD:₹2,06,000
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 represents an excellent 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 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 05-12-2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price for this auction is ₹20,52,000, and the EMD required is ₹2,06,000. This is a sealed bid auction.
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 with a reasonable reserve price. The location is good, but further due diligence is required to understand market value and potential for appreciation. The auction terms are standard, making it a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:080-46010000/080-68948777
