Property for Auction in Varthur Hobli, Bengaluru, Karnataka
Auction ID:535787
Bank Name:IDBI Bank
Branch Name:Retail Recovery
Reserve Price:₹50,35,000
EMD:₹5,03,500
Service Provider:Bankeauctionwizard
Submission Date:19-07-2025 04:00 PM
Bid Start Date:22-07-2025 10:30 AM
The property is a Residential Converted Land located at Balagere Village, Varthur Hobli, Bangalore East Taluk, Bangalore, Karnataka. It consists of two parcels: Sy. No. 73/5 measuring 1 Acre 17 Guntas and Sy. No. 73/6 measuring 21 Guntas, making a total of 1 Acre 38 Guntas. The land was converted vide Official Memorandum dated 6/7/2013, bearing No ALN(EVH)SR/443/2012-13, issued by the Deputy Commissioner, Bangalore District. The property is currently under Bruhat Bangalore Mahanagara Palike Katha No. 359/73/5/73/6/17. The boundaries are as follows: East by Remaining portion of Sy No.73/5 and 73/6; West by: Remaining portion of Sy No.73/5 and 73/6; North by: Land bearing Sy No. 73/4; South by: Road. Additionally, the sale includes Schedule 'B' Property (328 Sq. feet undivided share in Schedule 'A' Property) and Schedule 'C' Property, which is a Residential Apartment No. 402 on the Fourth Floor, Block-B, Wing-D, with 1224 Square Feet, comprising 2 Bedrooms. This apartment is part of the "SRI KRISHNA EXCEL STONE" building and includes a proportionate share in common areas, lift, staircase, and a covered car parking space. The apartment is bounded by Corridor on the East and South, and Open to sky on the West and North.
State:Karnataka
City:Bengaluru
Area:Varthur Hobli
Asset Category:Residential
This is a SARFAESI Auction for a Residential Land property in Varthur Hobli, Bengaluru, presented by IDBI Bank. The property comprises of Residential Converted Land bearing Sy. No. 73/5 measuring 1 Acre 17 Guntas and Residential Converted Land bearing Sy.No 73/6 measuring 21 Guntas, totaling 1 Acre 38 Guntas. The property has Bruhat Bangalore Mahanagara Palike Katha No. 359/73/5/73/6/17. It also includes Schedule 'B' Property, which is an undivided share in Schedule 'A' Property, and Schedule 'C' Property, a Residential Apartment No. 402 on the Fourth Floor, Block-B, Wing-D, with a super built-up area of 1224 Square Feet, consisting of 2 Bedrooms, in the building known as "SRI KRISHNA EXCEL STONE". The auction has a reserve price of 5035000.00 and an EMD of 503500.00. The auction is conducted by Bankeauctionwizard and the sale notice can be found at https://www.eauctionsindia.org/storage/properties/IDBI17519621393834.pdf. The auction start date is 22-07-2025 at 10:30 AM and ends on 22-07-2025 at 01:00 PM. Application submission deadline is 19-07-2025 at 04:00 PM.
Borrower Name:Mrs. Lakshmi Srinivasa
Auction Type:SARFAESI Auction
Contact Numbers: Pradip Sutradhar 080-614513233/280 /Vithal Koteswara Rao 080-61451250 / Urmila Sahoo 080-61451234 / Vageesha Javali-080-61451246