Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.9
Auction ID:609876
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹61,00,000
EMD:₹6,10,000
Bid Increment:₹50,000
Auction Time:10.45 AM to 11.00 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:18-11-2025 04:00 PM
Bid Start Date:2025-11-19
Property Description
This residential property is a house located in Bengaluru, Karnataka. It is being auctioned by Karnataka Bank under the SARFAESI Act. The property is situated in the bustling city of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:261, EWS House No.261, Municipal No.261, 6th Main, 2nd Stage, Kumarswamy Layout, Kumarswamy Layout, Bengaluru
Size:503.76 sq ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a residential house in Bengaluru, Karnataka. The auction will take place on November 19, 2025, starting at 10:45 AM and ending at 11:00 AM. The reserve price is ₹61,00,000, with an Earnest Money Deposit (EMD) of ₹6,10,000 required. This is an opportunity to acquire property through a bank auction.
Borrower Name:Mr Charan Prasad J B
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Dakshayani
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a known residential area of Bengaluru. The reserve price seems reasonable for the size and location. It warrants consideration for those familiar with the area and looking for a residential property.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager
Contact no: —
