Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:610143
Bank Name:Bank of Baroda
Branch Name:ROSAR Branch
Reserve Price:₹6,30,00,000
EMD:₹63,00,000
Bid Increment:₹1,00,000
Auction Time:2:00 PM to 6:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:23-11-2025 05:00 PM
Bid Start Date:2025-11-24
Property Description
Prime land parcel located in Srigandha Kaval, Bengaluru, Karnataka. This residential land offers a significant opportunity for development or investment in a rapidly growing urban area. The property is being auctioned by Bank of Baroda under SARFAESI proceedings.
State:Karnataka
City:Bengaluru
Area:Srigandha Kaval
Asset Category:Residential
Full Address:Northern Portion of the property bearing No.4, Assessment No.2, Srigandha Kaval Village, Yeshwanthpura Hobli, Bangalore North Taluk and Southern Portion of the property bearing No.4, Assessment No.2, Srigandha Kaval Village, Yeshwanthpura Hobli, Bangalore North Taluk, Srigandha Kaval, Bengaluru
Size:15000 sft
Auction Description
Bank of Baroda presents a SARFAESI auction for a substantial land parcel in Srigandha Kaval, Bengaluru. The auction will commence on November 24, 2025, at 02:00 PM and conclude at 06:00 PM on the same day. The reserve price is set at INR 6,30,00,000, with an Earnest Money Deposit (EMD) of INR 63,00,000 required to participate. This is a direct opportunity to acquire a valuable asset from M/s. Bimban Industries Private.
Borrower Name:M/s. Bimban Industries Private
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sujata Ganeriwala, Mr. Shwetank Ganeriwala, Mr.Srinivas N, Mr. Jayaram N
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is a significant land parcel in Bengaluru, presenting a substantial investment opportunity. Its location and clear encumbrance status support a 'Strong Buy' recommendation, given the potential for future appreciation and development. The physical possession further enhances its appeal.
Contact Details
Branch:Branch Office : ROSAR Branch
Service Provider:BAANKNET
Contact Details:
Shisir Kumar Das
Contact no:080-25011426
