Property for Auction in Mahanagarapalike, Bengaluru, Karnataka
Auction ID:554766
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹4,70,00,000
EMD:₹47,00,000
Service Provider:Auctionbazaar
Submission Date:28-08-2025 04:00 PM
Bid Start Date:29-08-2025 12:30 PM
A substantial plot of land located in the well-developed Mahanagarapalike area of Bengaluru, Karnataka. This residential land offers immense potential for development. Situated in a prime locality, it provides excellent connectivity and access to essential amenities. Ideal for builders and investors looking for a significant land holding in one of India's fastest-growing metropolitan cities. The property is part of a SARFAESI auction initiated by Karnataka Bank against the borrower M/s Vandana Sky Wards.
State:Karnataka
City:Bengaluru
Area:Mahanagarapalike
Asset Category:Residential
Karnataka Bank invites bids for a prime piece of land in Mahanagarapalike, Bengaluru, under the SARFAESI Act. This is a sealed bid auction with a reserve price of INR 4.7 Crores and an Earnest Money Deposit (EMD) of INR 47 Lakhs. The auction will be held on August 29, 2025, from 12:30 PM to 1:00 PM. This is a unique opportunity to acquire a valuable asset in a sought-after location. Don't miss out on this chance to invest in Bengaluru's thriving real estate market.
Borrower Name:M/s Vandana Sky Wards
Auction Type:SARFAESI Auction
Contact no:8885035382,080-22955928(Gen)/22955929(AGM