Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612788
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹19,85,500
EMD:₹1,99,000
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 under the SARFAESI Act by The Special Officer and Component Authority. It offers an opportunity to acquire a home in a prominent 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, Rashad Nagar, 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 01:00 PM. The reserve price is ₹19,85,500, with an Earnest Money Deposit (EMD) of ₹1,99,000. This is a prime opportunity to bid on a property in a sought-after location.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
This property presents a calculated opportunity due to its Bengaluru location and reasonable reserve price. While it's a residential flat, its size and auction terms suggest a potential for decent returns. Further due diligence on location specifics is recommended before bidding.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:080-46010000
