Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609873
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:10.15 AM to 10.30 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a bank auction for a land and building property in Bengaluru, Karnataka, owned by Mr Charan Prasad J B. The asset category is residential. The property is being auctioned by Karnataka Bank under SARFAESI rules.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:965-EWS, BDA No.965-EWS, Kumarswamy Layout, 2nd Stage, Kumarswamy Layout, Bengaluru
Size:494 sq ft
Auction Description
Karnataka Bank is holding a SARFAESI auction for a residential land and building property in Bengaluru, Karnataka. The auction will take place on November 19, 2025, from 10:15 AM to 10:30 AM. The reserve price is INR 67,00,000, with an Earnest Money Deposit (EMD) of INR 6,70,000.
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 is a residential land and building in Kumarswamy Layout, Bengaluru, presenting a reasonable investment potential. The reserve price of ₹6700000.0, combined with constructive possession, suggests a calculated approach is necessary. While the location is favorable, further due diligence is advised before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager
Contact no: —
