Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612384
Bank Name:PNB Housing Finance Limited
Branch Name:Registered Office : New Delhi
Reserve Price:₹2,01,69,000
EMD:₹20,16,900
Bid Increment:₹2,00,000
Auction Time:2pm to 3pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-11-16
Property Description
Prime land parcel located in the sought-after Padmanabhanagar area of Bengaluru, Karnataka. This residential land offers an excellent opportunity for development in a well-established and developing locality. Close proximity to essential amenities, educational institutions, and commercial hubs. The property is offered through a SARFAESI auction by PNB Housing Finance Limited.
State:Karnataka
City:Bengaluru
Area:Padmanabhanagar
Asset Category:Residential
Full Address:77/5, SITE NO.77/5,2ND MAIN 2ND CROSS PADMANABHA NAGAR, BSK 2ND STAGE, BANGALORE, KARNATAKA, 560070, BSK 2ND STAGE, BANGALORE, JAYANAGAR, Karnataka -560070., Padmanabhanagar, Bengaluru
Auction Description
PNB Housing Finance Limited presents a SARFAESI auction for a valuable land plot in Padmanabhanagar, Bengaluru. The auction will take place on December 16, 2025, from 02:00 PM to 03:00 PM. The reserve price is INR 2,01,69,000, with an Earnest Money Deposit (EMD) of INR 20,16,900. This is a unique opportunity to acquire land in a prime Bengaluru location.
Borrower Name:Balaji Steels And Pipes
Auction Type:SARFAESI Auction
Guarantor Names:Chandrashekar P, P Venugopal Naidu, Subbamma P
Legal Details
Possession Status:Physical
Encumbrance Details:Unknown
Why This Property
Located in the established Padmanabhanagar area of Bengaluru, this land presents a solid investment opportunity. The property's location and the auction terms suggest a worthwhile prospect for development or long-term appreciation, supported by a favorable price point.
Contact Details
Branch:Branch Office : Registered Office : New Delhi
Service Provider:Public Auction
Contact Details:
SD/-AUTHORIZED OFFICER
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