Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609861
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹74,00,000
EMD:₹7,40,000
Bid Increment:₹50,000
Auction Time:10.00 AM to 10.15 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a Land and Building property located in Dasanpurahobli, Bengaluru, Karnataka. The property is offered by Karnataka Bank. The borrower is Mrs Manjula T P. This residential asset is scheduled for auction on November 19, 2025.
State:Karnataka
City:Bengaluru
Area:Dasanpurahobli
Asset Category:Residential
Full Address:Site No.1, Thotadguddahalli Village, Madavara Grama Panchyath, Dasanapura Hobli, Bengluru North Taluk-560073, Dasanapurahobli, Bengaluru
Size:1200 Sq.Ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a Land and Building property in Dasanpurahobli, Bengaluru. The auction will take place on November 19, 2025, starting at 10:00 AM and ending at 10:15 AM. The reserve price for this residential property is ₹74,00,000, with an Earnest Money Deposit (EMD) of ₹7,40,000 required to participate.
Borrower Name:Mrs Manjula T P
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Veeresh Kumar M, M/s S. V. S.Enterprises, Mr. Veeresh Kumar M.
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Dasanpurahobli, Bengaluru, combined with its clear land title, offers a calculated investment opportunity. While the area may still be developing, the relatively lower reserve price compared to the city center and the potential for future appreciation make it a worthwhile consideration. However, thorough due diligence is necessary to assess the long-term growth prospects.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager
Contact no: —
