Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613076
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹1,62,00,000
EMD:₹16,20,000
Auction Time:11.00 am to 05.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This auction features a prime Land and Building property located in the well-established area of LANGFORD TOWN, Bengaluru, Karnataka. The property is categorized as Residential and is being auctioned by the Bank of India under SARFAESI regulations. This presents a significant opportunity to acquire a valuable asset in a sought-after urban location.
State:Karnataka
City:Bengaluru
Area:LANGFORD TOWN
Asset Category:Residential
Full Address:6/6, Padma Palace, Bride Street, Langford town, Bangalore 560025, Langford Town, Bengaluru
Building/Society:Padma Palace
Size:3175.06 sq.feet
Auction Description
Bank of India is conducting a SARFAESI auction for a Land and Building property in LANGFORD TOWN, Bengaluru. The auction has a reserve price of INR 1,62,00,000 and an Earnest Money Deposit (EMD) of INR 16,20,000. The auction will take place on 09-12-2025, starting at 11:00 AM and concluding at 05:00 PM. This is a direct opportunity to bid on a property owned by Mr. Sridhar M.S.
Borrower Name:Mr. Sridhar M.S
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Murali G, Mr. Mahesha S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Langford Town, a desirable area in Bengaluru, combined with both land and an apartment, makes it a strong investment. The reserve price appears reasonable given the location and property type, and the auction terms seem standard, presenting a worthwhile opportunity for potential buyers.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorized Officer
Contact no: —
