Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609614
Bank Name:ICICI Bank
Branch Name:Bengaluru
Reserve Price:₹33,00,000
EMD:₹3,30,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Property Description
A residential flat located in Uttara Halli Hobli, Bengaluru, Karnataka. This property is being auctioned by ICICI Bank under SARFAESI Act. It presents a great opportunity for homebuyers or investors in a well-connected area of Bengaluru. The flat is part of a residential asset category.
State:Karnataka
City:Bengaluru
Area:Uttara halli hobli
Asset Category:Residential
Full Address:102, Padmavathi Pendents, Site Nos. 4 & 5, Khatha No. 1/1, Jaraganahalli Village. Uttarahalli Hobli, Bangalore South Taluk, Bangalore, Uttarahalli Hobli, Bangalore
Building/Society:Padmavathi Pendents
Size:950 Sq. ft.
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential flat in Uttara Halli Hobli, Bengaluru. The auction will take place on December 4, 2025, from 10:30 AM to 11:30 AM. The reserve price is INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000. This is a single-day auction event.
Borrower Name:Mr. Mustani Vemanarayana
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Uttarahalli, a developing area of Bengaluru, this 2BHK flat offered through bank auction presents a calculated opportunity. The reserve price seems reasonable given the area, but potential buyers should carefully assess the property's condition and future appreciation potential. The auction terms are standard, making it a moderately attractive proposition.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:matex.net
Contact Details:
Authorized Officer
Contact no:9844542086
