Land for auction 001 Block in Hagaduru, Bengaluru by BOI

Property for Auction in Hagaduru, Bengaluru, Karnataka

Property Type IconProperty Type:
Land
Location IconLocation:
Hagaduru, Bengaluru
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:471638

Bank Name:Union Bank of India

Branch Name:Asset Recovery Branch

Reserve Price:56,00,000

EMD:5,60,000

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 12:00 PM

Property Description

The property consists of multiple land parcels in Hagadur Village, Krishnarajapuram Hobli, Bangalore East Taluk, Bengaluru, Karnataka, totaling 4 Acres 28.75 Guntas. This land has been converted from agricultural to non-agricultural residential purposes. Specific survey numbers included are 30/2 (39 Guntas), 30/6 (7 Guntas), 42/2 (13 Guntas), 42/8 (1 acre 17 Guntas), 42/1 (25 Guntas), 42/8 (5 Guntas), 43 (2.75 Guntas), 42/3 (34 Guntas), and 42/4 (6 Guntas). The property is bounded by a road and remaining land on the East, land in Survey No 19 & 30/1 and remaining land in 30/6 on the West, Nagondanahalli Village Boundary and remaining land in Sy No 42/1 on the North, and land in Survey No 30/3, 30/7, 42/4 and remaining land in survey no 42/6 and 42/7 on the South. Additionally, the sale includes an undivided right, title, and interest in the land, and Apartment/Flat No 001 on the ground floor of "E" Block in "Unit-1-Cedar", measuring 1190 sq ft super built-up area, featuring two bedrooms, vitrified flooring, and one covered car parking space. This apartment is part of the "B.M.Magnolia Park" building.

State:Karnataka

City:Bengaluru

Area:Hagaduru

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Union Bank of India for a residential property located in Hagaduru, Bengaluru, Karnataka. The property includes several parcels of converted land totaling 4 Acres 28.75 Guntas, with the land converted for non-agricultural residential purposes. It also includes an undivided right, title, and interest in the land, and a specific apartment/flat (Unit-1-Cedar, Apartment/Flat No 001) on the ground floor measuring 1190 sq ft super built-up area, with 2 bedrooms and one covered car parking space. The reserve price is INR 5,600,000.00 and the EMD is INR 560,000.00. The auction will be held on March 27, 2025, from 12:00 PM to 5:00 PM. The borrower is Mr. Mahesh Ponnam.

Borrower Name:Mr. Mahesh Ponnam

Auction Type:SARFAESI Auction

Contact Details

Mr. Moorthi.V, Contact No. 9003223669, Manager Mrs. V Pavana Contact No.99004 24609.

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