Land for auction Site 108 Seegehalli Bengaluru by JM Financial Asset Recons

This auction features a prime piece of land in KR Puram, Bengaluru, Karnataka. The property is a residential plot, part of a SARFAESI auction initiated by JM Financial Asset Reconstruction Company Ltd. Located in a developing area of Bengaluru, this land offers potential for residential development. The plot is offered by the bank due to a borrower default, presenting an opportunity for astute investors or individuals looking to build their dream home in a rapidly growing city. Bengaluru is known for its robust infrastructure and economic growth, making this land a valuable acquisition.

JM Financial Asset Reconstruction Company Ltd is conducting a SARFAESI auction for a residential land parcel in KR Puram, Bengaluru, Karnataka. The auction is scheduled to commence on September 30, 2025, at 11:00 AM and will conclude at 01:00 PM on the same day. The reserve price for this property is INR 39,80,000, with an Earnest Money Deposit (EMD) of INR 3,98,000 required to participate. This is a legal auction process under SARFAESI Act, allowing the bank to recover dues from the borrower, Mamatha BS. Interested bidders should review all auction terms and conditions before participating.