Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609428
Bank Name:The Karnataka State co-Operative Apex Bank ltd
Branch Name:chamarajpet
Reserve Price:₹15,07,00,000
EMD:₹1,50,70,000
Auction Time:11.30 AM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-04
Bid Start Date:2025-11-05
Property Description
This is a residential house located in Geddalahalli, Bengaluru, Karnataka. The property is being auctioned by The Karnataka State Co-Operative Apex Bank Ltd. This is an opportunity to acquire a property in a well-known area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Geddalahalli
Asset Category:Residential
Full Address:7A, I.T.I. Employees House Building Co-Operative Society Ltd, Municipal No.7A, (Old No.7A and 7B being one composite property) Ward No.100 - Sanjaynagar, Sub Division, Geddalahalli, Bengaluru
Building/Society:I.T.I. Employees House Building Co-Operative Society Ltd
Size:5200 Sq.ft.
Auction Description
This is a SARFAESI auction for a residential house in Geddalahalli, Bengaluru, Karnataka. The auction will be conducted by The Karnataka State Co-Operative Apex Bank Ltd. The reserve price for this auction is ₹15,07,00,000.00, with an Earnest Money Deposit (EMD) of ₹1,50,70,000.00 required. The auction will take place on November 5, 2025, starting at 11:30 AM and concluding at 12:30 PM.
Borrower Name:M/s. Lakshmi Gold Khazaanaa Pvt. Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Sri K.P. Nanjundi Vishwakarma, Smt. Chennajammani
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Geddalahalli, Bengaluru, this residential house offers a good investment opportunity given its size and location. The reserve price appears reasonable, making it a strong buy for potential homeowners or investors. However, prospective buyers should conduct a thorough due diligence.
Contact Details
Branch:Branch Office : chamarajpet
Service Provider:Public Auction
Contact Details:
Contact no:080-26983700
