Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612795
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹2,51,08,500
EMD:₹25,11,000
Bid Increment:₹2,52,000
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 well-established area of Shantinagar, Bengaluru, Karnataka. This property is being offered through a SARFAESI auction by The Special Officer and Component Authority. Ideal for individuals or families seeking a home in a prime urban location.
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
This is a SARFAESI auction for a residential flat in Shantinagar, Bengaluru, conducted by The Special Officer and Component Authority. The auction has a reserve price of ₹2,51,08,500 and requires an EMD of ₹25,11,000. The auction will take place on 05-12-2025, with bidding open from 11:00 AM to 01:00 PM.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Properties are free of all encumbrances
Why This Property
Located in a prime area of Shantinagar, Bengaluru, this flat offers substantial investment potential. The competitive reserve price coupled with a clear title makes it a strong contender for buyers. The location and size justify a 'Strong Buy' recommendation.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
