Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609270
Bank Name:Karnataka State Financial Corporation
Branch Name:Ramanagara
Reserve Price:₹7,91,000
EMD:₹79,100
Auction Time:11.00 am
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This auction features a valuable land and building asset located in Kanakpura Town, Bengaluru, Karnataka. The property is categorized as residential and is being auctioned by the Karnataka State Financial Corporation under SARFAESI rules. This presents a significant opportunity for investors and homebuyers in a growing urban area.
State:Karnataka
City:Bengaluru
Area:Kanakpura Town
Asset Category:Residential
Full Address:No.91, Khaneshumari No.171, Block No.1, House No.91, Mahimanahalli Grama, Uyyamballi Hobli, Kanakapura Taluk, Bangalore South District, Kanakapura Town, Bengaluru
Size:4500 sq.feet
Auction Description
The Karnataka State Financial Corporation is conducting an online SARFAESI auction for a residential land and building property in Kanakpura Town, Bengaluru. The auction will commence on November 24, 2025, at 11:00 AM and conclude on November 29, 2025, at 01:00 PM. The reserve price is set at ₹791,000, with an Earnest Money Deposit (EMD) of ₹79,100 required to participate.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Kanakpura, Bengaluru, offered at a reserve price of ₹791000.0. While the location is decent, the opportunity is rated as a Calculated Opportunity due to the auction terms and the need for due diligence on the property's encumbrances and market value. Investors should carefully evaluate the potential returns against the risks before bidding.
Contact Details
Branch:Branch Office : Ramanagara
Service Provider:Public Auction
Contact Details:
Assistant General Manager
Contact no:9240214000
