Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612809
Bank Name:The Special Officer and Component Authority
Branch Name:Bengaluru
Reserve Price:₹4,76,99,500
EMD:₹47,70,000
Bid Increment:₹4,77,000
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-connected area of Shantinagar, Bengaluru, Karnataka. This property is being offered for sale through a SARFAESI auction by The Special Officer and Component Authority. The flat presents a good opportunity for buyers seeking a property in a prime urban location. The auction will be conducted online.
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 conducted by The Special Officer and Component Authority for a residential flat in Shantinagar, Bengaluru. The auction has a reserve price of INR 4,76,99,500 and requires an EMD of INR 47,70,000. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. Interested bidders should ensure they have completed all necessary pre-auction formalities.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Properties are free of all encumbrances
Why This Property
The flat's prime location in Shantinagar, Bengaluru, combined with its substantial size, makes it a potentially strong investment. The reserve price and auction terms seem reasonable, indicating good value. This is a good opportunity for interested parties.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:Public Auction
Contact Details:
Assistant Commissioner
Contact no:6364403715
