Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612212
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch
Reserve Price:₹45,59,000
EMD:₹4,55,900
Bid Increment:₹50,000
Auction Time:10:00 a.m. to 4:00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-05
Property Description
This is a prime plot of land located in the developing area of Bidarahalli, Bengaluru, Karnataka. Situated in a rapidly growing locale, this property offers excellent potential for residential development. The land is being auctioned by the State Bank of India under SARFAESI regulations.
State:Karnataka
City:Bengaluru
Area:Bidarahalli
Asset Category:Residential
Full Address:Doddagubbi Village, Bidarahalli Hobali, Bangalore East Taluk, Bangalore-560077, Bidarahalli, Bengaluru
Size:19 Guntas
Auction Description
State Bank of India is conducting a SARFAESI auction for a plot of land in Bidarahalli, Bengaluru. The auction is scheduled for December 5, 2025, commencing at 10:00 AM and concluding at 4:00 PM. The reserve price is INR 45,59,000, with an Earnest Money Deposit (EMD) of INR 4,55,900. This is a significant opportunity to acquire a valuable land asset in a key Bengaluru locality.
Borrower Name:Mr. Bonda Shekar Babu
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Bonda Venkataramana
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property includes a land parcel and an apartment unit in Bidarahalli, Bengaluru, presenting a mixed investment profile. The reserve price appears reasonable for the location, but potential investors should consider local market conditions and conduct thorough due diligence before bidding. Auction terms and bank reputation add a layer of security.
Contact Details
Branch:Branch Office : Stressed Assets Recovery Branch
Service Provider:BAANKNET
Contact Details:
Sri Narasimha Murthy .B
Contact no:9962629198
