Flat for auction Shantinagar Bengaluru 2 Cr The Special Officer and Competent Authority

This is a residential flat located in the well-connected area of Shantinagar, Bengaluru, Karnataka. As part of a SARFAESI auction, this property offers a unique opportunity to acquire a home in a prime urban location. The flat is ideal for individuals or families seeking a comfortable living space in one of India's most dynamic cities. Bengaluru's robust infrastructure, IT hubs, and vibrant lifestyle make this an attractive investment. The property is being auctioned by The Special Officer and Component Authority.

The Special Officer and Component Authority is conducting a SARFAESI auction for a residential flat in Shantinagar, Bengaluru, Karnataka. The auction will commence on 05-12-2025 at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹2,44,34,000.00, with an Earnest Money Deposit (EMD) of ₹24,44,000.00 required to participate. This auction presents a significant opportunity for prospective buyers to acquire property under the SARFAESI Act.

This Shantinagar flat presents a strong investment opportunity due to its desirable location, substantial size, and the potential for appreciation. The reserve price is reasonable given the area, and the property appears free of encumbrances, making it a relatively safe investment. The auction terms are standard, contributing to its appeal.