Land for auction 412 SRI KRISHNA EXCEL STONE, Varthur, Bengaluru by IDBI Bank

Residential converted land measuring 1 Acre 17 Guntas bearing Sy. No. 73/5 and 21 Guntas bearing Sy. No. 73/6, totaling 1 Acre 38 Guntas, situated at Balagere Village, Varthur Hobli, Bangalore East Taluk, Bangalore. Converted vide Official Memorandum dated 6/7/2013, bearing No.ALN(EVH)SR/443/2012-13, issued by Deputy Commissioner, Bangalore District Bangalore. Presently Bruhat Bangalore Mahanagara Palike Katha No. 359/73/5/73/6/17. The property is bounded as: 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. The auction also includes Schedule 'B' PROPERTY (314 Sq.feet undivided share) and Schedule 'C' PROPERTY (Residential Apartment bearing No. 412 in the Fourth Floor, Block-B, in Wing-C, admeasuring a super built area of 1172 Square Feet, consisting of 2 Bedrooms, in the Multistoried Residential Apartment Building Known as "SRI KRISHNA EXCEL STONE"), inclusive of proportionate share in common areas and a covered car parking space.

This is a SARFAESI auction by IDBI Bank for a piece of residential converted land measuring 1 Acre 38 Guntas in Balagere Village, Varthur Hobli, Bangalore East Taluk, Bengaluru, Karnataka. The property is identified by Sy. No. 73/5 and 73/6. The auction includes an undivided share in Schedule 'A' Property and a residential apartment (Schedule 'C' Property) bearing No. 412 in the Fourth Floor, Block-B, Wing-C, with a super built-up area of 1172 sq. ft., consisting of 2 bedrooms, in the building known as "SRI KRISHNA EXCEL STONE". A covered car parking space is also included. The reserve price is INR 5,233,000.00 and the EMD is INR 523,300.00. The auction is scheduled for March 14, 2025, from 10:00 AM to 1:00 PM. The borrower is Mr. Kunigal Govindasetty Swamy.