Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:610197
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹86,05,500
EMD:₹8,60,550
Bid Increment:₹50,000
Auction Time:10.20 AM to 10.35 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This is a residential flat located in Yashwantpur, Bengaluru, Karnataka. It is being auctioned by Karnataka Bank under the SARFAESI Act. The property offers an opportunity to own a home in a well-connected area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:yashwantapur
Asset Category:Residential
Full Address:G1, Deccan Paradise, Flat No.G1, Ground Floor, "Deccan Paradise", 3rd Stage, 4th Block, 8th Main Road, Basaveshwaranagar, Yashwanthapur, Bengaluru
Building/Society:Deccan Paradise
Size:1150 Sq.ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a residential flat in Yashwantpur, Bengaluru. The auction will take place on December 10, 2025, starting at 10:20 AM and concluding at 10:35 AM. The reserve price is INR 86,05,500, with an Earnest Money Deposit (EMD) of INR 8,60,550 required to participate.
Borrower Name:M/s Ramco Concrete Block
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Pavithra T, Mr.Somashekar, Mr.Thope Gowda K H
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a well-located flat in Yashwantapur, Bengaluru, with a reasonable reserve price. Given the location and property type, it presents a strong investment opportunity. However, potential buyers should assess the property's condition and encumbrances before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
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