Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614551
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹66,60,000
EMD:₹6,66,000
Bid Increment:₹50,000
Auction Time:10.00 AM to 10.15 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This auction features a prime Land and Building property located in Yeshwanathapura, Bengaluru, Karnataka. The asset, belonging to borrower Mr. Ashwatha Narayana P, is categorized as residential. This is a SARFAESI auction, presenting a unique opportunity to acquire a property in a sought-after area of Bengaluru.
State:Karnataka
City:Bengaluru
Area:Yeshwanathapura
Asset Category:Residential
Full Address:18, Site No.18 in Sy No.31/2, III Cross, 1st Main, Mydahalli Village, Yeshwanthpura Hobli, Yeshwanthpura, Bengaluru
Size:1218 sq ft
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a Land and Building property in Yeshwanathapura, Bengaluru. The auction will be held online on November 26, 2025, starting at 10:00 AM and concluding at 10:15 AM. The reserve price is set at ₹66,60,000, with an Earnest Money Deposit (EMD) of ₹6,66,000 required to participate.
Borrower Name:Mr. Ashwatha Narayana P
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kalpana S
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
This residential land and building in Yeshwanthpura offers a decent opportunity for investment. The property is reasonably priced, however the location isn't prime. Auction terms are standard, making it a calculated risk for potential buyers.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Assistant General Manager & Authorised Officer
Contact no: —
