Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614550
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹4,81,00,000
EMD:₹48,10,000
Bid Increment:₹1,00,000
Auction Time:10.15 AM to 10.30 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-26
Property Description
This is a residential house located in Kasaba Hobli, Bengaluru, Karnataka. The property is being auctioned by Karnataka Bank under the SARFAESI Act.
State:Karnataka
City:Bengaluru
Area:Kasaba Hobli
Asset Category:Residential
Full Address:3/362, Site No.3/362, Khatha No.178-A, New Municipal No.44/13, PID No.100-183-10, BBMP Ward No.100, 8th Cross, Geddalahalli Village, Kasaba Hobli, Bengaluru North Taluk, Bengaluru-560094, Geddalahalli Village, Kasaba Hobli, Bengaluru
Size:2325 sq ft
Auction Description
Karnataka Bank is conducting an online auction for a residential house in Kasaba Hobli, Bengaluru. The auction will take place on November 26, 2025, from 10:15 AM to 10:30 AM. The reserve price is ₹4,81,00,000, with an Earnest Money Deposit (EMD) of ₹48,10,000. This is a SARFAESI auction for a property formerly belonging to Mrs. Jonna Amrutham.
Borrower Name:Mrs. Jonna Amrutham
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Chandra Gopi Krishna, Mrs. Mohita, Mrs. Jhansi B, Mr. Ashok K
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
Located in Geddalahalli, Bengaluru, this residential house presents a valuable investment due to its size and location. The property's reasonable reserve price and clear auction terms make it a compelling opportunity for potential buyers. The Strong Buy rating reflects the property's solid potential and favorable market conditions.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager
Contact no:8885035382
