Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609875
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹67,00,000
EMD:₹6,70,000
Bid Increment:₹50,000
Auction Time:10.30 AM to 10.45 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:18-11-2025 04:00 PM
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a Land and Building property in Bengaluru, Karnataka, offered by Karnataka Bank. The property is categorized as residential and is associated with borrower Mr Charan Prasad J B. The auction presents an opportunity to acquire a property in the bustling city of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:BDA No.966-EWS, No.966, 45th Cross, 9th Main, Kumarswamy Layout, II Stage, Kumarswamy Layout, Bengaluru
Size:494 sq ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a Land and Building property in Bengaluru, Karnataka. The auction has a reserve price of ₹6,700,000 and an EMD of ₹670,000. Bidding will take place on November 19, 2025, with the auction starting at 10:30 AM and concluding at 10:45 AM. This is a unique opportunity for interested buyers to participate in the auction process.
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 in Kumarswamy Layout presents a reasonable investment opportunity due to its residential nature and location in Bengaluru. The reserve price seems appropriate for the area, but potential investors should carefully assess the property's condition and local market dynamics before bidding. Auction terms appear standard, requiring a thorough due diligence process.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
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