Land for Auction Kachanayakanahalli Jigini Hobli Bengaluru 5.8 Crore by Federal Bank

Quick read

• ▸Possession: Constructive
• ▸Area: 10890.05 Square Feet
• ▸Locality: Kachanayakanahalli, Jigini Hobli
• ▸Reserve: ₹5,75,00,000
• ▸EMD: ₹57,50,000

About this property

Land bank auction in Kachanayakanahalli, Jigini Hobli, Bengaluru by Federal Bank — reserve price ₹5,75,00,000, 10890.05 Square Feet, Constructive possession.

Explore a prime residential plot for auction by Federal Bank Ltd. This valuable land, admeasuring 10 Guntas or 10890.05 sq. ft., is strategically located in Kachanayakanahalli, Jigini Hobli, Anekal Taluk, Bengaluru. Bearing Sy. No.46 (New Sy. No.46/2) and PID No. 150200103200822370, this bank auction property presents a significant investment opportunity in a rapidly developing area of Karnataka. The reserve price is ₹5,75,00,000, with an EMD of ₹57,50,000. The property is under constructive possession and will be sold on an 'as is where is' basis. Ideal for prospective homeowners or developers seeking a residential plot for sale in Bengaluru.

GeoSquare note: This residential plot in a prime location like Bengaluru offers substantial investment potential, justifying a 'Strong Buy' recommendation. While the 'Constructive' possession and 'as is where is' terms require careful due diligence, especially regarding the noted existing charges, the property type and location in a developing area support a high rating. The significant reserve price indicates a valuable asset in the market.