Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:598387
Bank Name:Bank of Baroda
Branch Name:Bengaluru
Reserve Price:₹6,30,45,000
EMD:₹63,04,500
Bid Increment:₹1,00,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-10-29
Bid Start Date:2025-10-29
Property Description
Prime land parcel located in the well-established Vasant Nagar, Bengaluru. This residential land offers a significant investment opportunity in a highly sought-after area of Karnataka's capital. Situated in a developed locality, it is ideal for residential development. The property is being auctioned by Bank of Baroda under SARFAESI provisions.
State:Karnataka
City:Bengaluru
Area:Vasant Nagar
Asset Category:Residential
Full Address:123, PRISTINE VARA, Municipal No.123, situated at Infantry Road, Municipal Ward No.78 of Vasanthanagar, Bangalore, Vasanthanagar, Bengaluru
Building/Society:PRISTINE VARA
Size:10397 sq. ft.
Auction Description
Bank of Baroda presents a SARFAESI auction for a valuable piece of land in Vasant Nagar, Bengaluru. The auction will commence on October 29, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price for this prime residential land is INR 6,30,45,000, with an Earnest Money Deposit (EMD) of INR 63,04,500. Don't miss this opportunity to acquire a significant asset in a prime Bengaluru location.
Borrower Name:Sri Srisailam Dadiga
Auction Type:SARFAESI Auction
Guarantor Names:Smt Geetha Dadiga, Smt Gorege Laxmamma
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Vasanth Nagar, a prime area in Bengaluru, combined with the potential for both land and residential use, makes it a strong investment. The reserve price is substantial, but the location justifies the cost. Auction terms are standard, making it a relatively straightforward opportunity for interested buyers.
Contact Details
Branch:Branch Office : Bengaluru
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9582492998
