Land And Building for auction Kammanahalli Village, Begur Hobli Bangalore 98 lakh UBI

This offering presents a significant opportunity to acquire a Land and Building asset in Begul Hobli, Bengaluru, Karnataka. The property, categorized as Residential, is part of a SARFAESI auction conducted by Union Bank of India. Located in a developing area of Bengaluru, this property offers potential for various uses, whether for personal residence or investment. The borrower is listed as Mr. Philip. This auction provides a chance to own a valuable piece of real estate in a major South Indian city.

Union Bank of India is conducting a SARFAESI auction for a Land and Building property in Begul Hobli, Bengaluru, Karnataka. The auction will take place on October 30, 2025, with bidding open from 10:00 AM to 5:00 PM. The reserve price for this asset is ₹9,771,000, with an Earnest Money Deposit (EMD) of ₹977,100 required to participate. This is a secured creditor auction, offering a clear title upon successful acquisition. Interested bidders should review all auction terms and conditions provided by Union Bank of India.

The property is a residential site with a building in Bengaluru, offered at a relatively high reserve price. Its location in Begur Hobli offers potential for future appreciation. However, prospective buyers should conduct thorough due diligence before bidding, considering the cost and terms.