Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609041
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office
Reserve Price:₹1,00,55,000
EMD:₹10,05,500
Bid Increment:₹50,000
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 residential property, a house located in Jigani Hobli, Bengaluru, Karnataka, is being auctioned by the Bank of Maharashtra under the SARFAESAI Act. Formerly owned by M/s. Genie Villers, this asset presents a unique opportunity for prospective buyers in a developing area of Bengaluru. The property is classified as residential and offers a chance to acquire a house in a sought-after location.
State:Karnataka
City:Bengaluru
Area:Jigani Hobli
Asset Category:Residential
Full Address:Villa No.27, CASTLETON GREENS, Canberra Avenue 27 (Villa No.27) Ground and First Floor of the Building known as "CASTLETON GREENS", Hennagara Amanikere Village, Jigani Hobli, Jigani Hobli, Bengaluru
Building/Society:CASTLETON GREENS
Size:2457 sq. ft.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential property (house) in Jigani Hobli, Bengaluru. The auction has a reserve price of INR 1,00,55,000 and requires an Earnest Money Deposit (EMD) of INR 10,05,500. Bidders are encouraged to review all terms and conditions before participating. The auction will commence on November 14, 2025, at 01:00 PM and conclude on the same day at 05:00 PM. This is a prime opportunity to invest in real estate through a secure banking channel.
Borrower Name:M/s. Genie Villers
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Khushboo Singh
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a well-sized 3BHK house in a developing area of Bengaluru. The reserve price seems reasonable, and the symbolic possession offers a relatively straightforward transfer. This presents a solid opportunity for residential use or investment.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
