Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611776
Bank Name:ICICI Bank
Branch Name:Branch Office : Bangalore
Reserve Price:₹2,74,00,000
EMD:₹27,40,000
Auction Time:11:00 AM to 12:00 PM
Service Provider:disposalhub.com
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a prime land parcel located in the well-connected area of Begur, Bengaluru, Karnataka. The property is offered for sale by ICICI Bank through a SARFAESI auction. It presents an excellent opportunity for development or investment in a rapidly growing urban area. The land is situated in a sought-after location with good connectivity and infrastructure, making it a valuable asset.
State:Karnataka
City:Bengaluru
Area:Begur
Asset Category:Residential
Full Address:Site Nos. 22, 39 & 40, Old Property No. 288, New Property No.288/3, Situated At Begur Village, Begur Hobli, Bangalore South Taluk, Begur, Bengaluru
Size:3800 Sq. Ft
Auction Description
ICICI Bank is conducting a SARFAESI auction for a valuable land parcel in Begur, Bengaluru, Karnataka. The auction will take place on 05-12-2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this auction is INR 2,74,00,000, and the Earnest Money Deposit (EMD) required is INR 27,40,000. This is a unique opportunity to acquire a significant plot of land in a prime Bengaluru location. Interested bidders are encouraged to review all auction terms and conditions prior to participating.
Borrower Name:Mr. Akhil Raj V
Auction Type:SARFAESI Auction
Guarantor Names:Jyothi H, Ms Pulse Medicare Hospital Private Limited
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
Located in Begur, Bengaluru, this land offers decent potential. The reserve price seems reasonable for the area, however, potential bidders should carefully evaluate market conditions and complete due diligence. A 'Calculated Opportunity' rating reflects the need for a measured approach.
Contact Details
Branch:Branch Office : Branch Office : Bangalore
Service Provider:disposalhub.com
Contact Details:
Contact no:7304918084
