Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:609051
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office
Reserve Price:₹40,70,000
EMD:₹4,07,000
Bid Increment:₹15,000
Auction Time:1.00 pm to 5.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-14
Property Description
This SARFAESI auction features a residential land and building located in the Yelahanka area of Bengaluru, Karnataka. The property is offered by the Bank of Maharashtra as part of the recovery process for Mrs. Rashmei Sharma. Ideal for investors or homeowners, this asset presents a significant opportunity in a developing urban landscape. Its location in Yelahanka provides access to essential amenities and infrastructure.
State:Karnataka
City:Bengaluru
Area:Yelahanka
Asset Category:Residential
Full Address:302, Shri Sai Shanthi Nilaya, Flat No 302, Shri Sai Shanthi Nilaya, near State Bank of India & Ring Road, Balaji Layout, Kodigehalli Main Road, Yelahanka Hobli, Yelahanka, Bengaluru
Building/Society:Shri Sai Shanthi Nilaya
Size:1342 sq. ft.
Auction Description
The Bank of Maharashtra is conducting an online SARFAESI auction for a residential land and building in Yelahanka, Bengaluru. The auction will commence on November 14, 2025, at 01:00 PM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 40,70,000, with an Earnest Money Deposit (EMD) of INR 4,07,000 required to participate. This is a unique opportunity to acquire a property through a transparent and regulated auction process.
Borrower Name:Mrs. Rashmei Sharma
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ajay Kumar Sharma
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is located in a well-known area of Bangalore. The price seems attractive for a 3BHK flat. Physical possession is an added advantage.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
