Land for auction B LOTUS PALACE Varthur Bengaluru by SBI

The property consists of converted land bearing Sy. No. 1/3, 1/4 & 1/5 situated at Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore-560 103, measuring 1 acre and 36 guntas. Additionally, it includes an undivided share in a residential apartment, Flat No. B-004 in Block B, located on the ground floor of "LOTUS PALACE". This apartment has a super built-up area of 1288 sq. ft. and comes with one covered car parking space in the basement.

This is a SARFAESI auction conducted by the State Bank of India for a residential land property located in Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore-560 103. The property is identified by Sy. No. 1/3, 1/4 & 1/5 with BBMP Katha No. 4047. It is an approximately 1 acre and 36 guntas of converted land. The auction also includes an undivided share in a 1288 sq. ft., two-bedroom residential apartment (Flat No. B-004 in Block B) on the ground floor, with a covered car parking space in the basement, within the project "LOTUS PALACE". The reserve price is INR 69,75,000.0 and the Earnest Money Deposit (EMD) is INR 6,97,500.0. The auction will be held on August 30, 2025, from 10:00 AM to 4:00 PM. The application submission deadline is August 29, 2025, by 4:00 PM. For further details, contact Mr. Chandrashekar at 70222 52004.