Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609872
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹91,00,000
EMD:₹9,10,000
Bid Increment:₹50,000
Auction Time:11.15 AM to 11.30 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a residential flat located in Yelahanka, Bengaluru, Karnataka. It is being auctioned by Karnataka Bank under the SARFAESI Act. The property is a flat and was previously owned by Mr Venkatesh A K.
State:Karnataka
City:Bengaluru
Area:Yelahanka
Asset Category:Residential
Full Address:12 (No.112 as per Board), MULTI DIAMOND, Flat bearing No. 12 (No.112 as per Board) in the ground floor of the Apartment known as "MULTI DIAMOND" constructed on converted iand bearing Sy. No. 30/8A & 30/8B, (Old Sy. No. 30/5), BBMP Khatha No. 1519/30/8A & B, Yelahanka Hobli, Bengaluru
Building/Society:MULTI DIAMOND
Size:1830 sq feet
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a residential flat in Yelahanka, Bengaluru. The auction has a reserve price of INR 91,00,000 and requires an Earnest Money Deposit (EMD) of INR 9,10,000. The auction will take place on November 19, 2025, with bidding open from 11:15 AM to 11:30 AM.
Borrower Name:Mr Venkatesh A K
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Raghu A K, Mrs. Parimala T
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Yelahanka, Bengaluru, with a reasonable reserve price. While the location is good, the specific terms of the auction and potential encumbrances require careful evaluation. It's a calculated opportunity suitable for informed investors.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager
Contact no: —
