Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612806
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹2,49,85,000
EMD:₹24,99,000
Bid Increment:₹2,50,000
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
A residential flat located in the prime area of Shantinagar, Bengaluru, Karnataka. This property is being auctioned by The Special Officer and Component Authority under SARFAESI rules. The asset category is residential, offering a great opportunity for homeowners or investors in one of Bengaluru's sought-after locations.
State:Karnataka
City:Bengaluru
Area:Shantinagar
Asset Category:Residential
Full Address:7/2, No.7/2, Alexandra Street, Richmond Town, Old Ward No. 76 New Ward No. 117, Shanthinagara, Bengaluru, Shantinagar, Bengaluru
Size:4010 sq.ft
Auction Description
The Special Officer and Component Authority is conducting a SARFAESI auction for a residential flat in Shantinagar, Bengaluru. The auction will take place on 05-12-2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this property is ₹2,49,85,000, with an Earnest Money Deposit (EMD) of ₹24,99,000. This is a unique opportunity to acquire a property through a bank auction.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
Located in the desirable Shantinagar area of Bengaluru, this flat presents a solid investment opportunity. The area's strong market location coupled with auction terms makes it a worthwhile consideration for prospective buyers.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
