Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612807
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹2,43,20,000
EMD:₹24,32,000
Bid Increment:₹2,44,000
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 the well-developed area of Shantinagar, Bengaluru, Karnataka. The property is being auctioned by The Special Officer and Component Authority under the SARFAESI Act. Ideal for individuals seeking a home in a prime urban location. Bengaluru offers excellent connectivity and amenities.
State:Karnataka
City:Bengaluru
Area:Shantinagar
Asset Category:Residential
Full Address:No.7/2, No.7/2, PID No. 76-36-7/2, Alexandra Street, Richmond Town, Old Ward No. 76 New Ward No. 117, Shanthinagara, Bengaluru, Shantinagar, Bengaluru
Size:4010 sq.ft
Auction Description
Participate in a SARFAESI auction for a residential flat in Shantinagar, Bengaluru. Conducted by The Special Officer and Component Authority, this auction has a reserve price of ₹2,43,20,000 and an EMD of ₹24,32,000. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. Don't miss this opportunity to acquire a property in a sought-after area of Karnataka.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
The property's location in Shantinagar, Bengaluru, combined with its size and clear title, makes it a strong investment opportunity. The reserve price appears reasonable for the area, and the auction terms are standard. This flat offers good potential for capital appreciation and rental income.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Contact no:6364403715
