Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609144
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 is a bank auction property located in Kanakpura Town, Bengaluru, Karnataka. The property is categorized as residential and consists of land with a building. It is being auctioned by the Karnataka State Financial Corporation under the SARFAESI Act.
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, Kanakpura, Bengaluru
Size:4500 sq.feet
Auction Description
The Karnataka State Financial Corporation is holding a SARFAESI auction for a residential land and building property in Kanakpura Town, Bengaluru, Karnataka. The auction is scheduled to take place on November 24, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is ₹791,000, with an Earnest Money Deposit (EMD) of ₹79,100 required.
Borrower Name:Bank property
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kanakpura presents a calculated opportunity given its size and existing structure. The reserve price appears reasonable, but further due diligence is crucial to assess local market conditions and building condition before bidding. The location, while not prime, offers decent potential for future appreciation.
Contact Details
Branch:Branch Office : Ramanagara
Service Provider:Public Auction
Contact Details:
Assistant General Manager
Contact no:9240214000
