Property for Auction in KR Puram, Bengaluru, Karnataka
Auction ID:581979
Bank Name:JM Financial Asset Reconstruction Company Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹39,80,000
EMD:₹3,98,000
Service Provider:bankauctions.in
Submission Date:29-09-2025 04:00 PM
Bid Start Date:30-09-2025 11:00 AM
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.
State:Karnataka
City:Bengaluru
Area:KR Puram
Asset Category:Residential
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.
Borrower Name:Mamatha BS
Auction Type:SARFAESI Auction
Raghavendra Gowda-9686463502 2. Chandan Sakhalkar-9820407168 3. Sinduja Pillai-022-6224 1676