Land for auction - Two Bed room, Varthur, Bengaluru by SBI

Property for Auction in Varthur Hobli, Bengaluru, Karnataka

Property Type IconProperty Type:
Land
Location IconLocation:
Varthur Hobli, Bengaluru
Auction Date IconAuction Date:
30-08-2025 10:00 AM

Auction Details

Auction ID:549211

Bank Name:State Bank of India

Branch Name:Stressed Asset Recovery Branch

Reserve Price:69,75,000

EMD:6,97,500

Service Provider:Public Auction

Important Dates

Submission Date:29-08-2025 05:00 PM

Bid Start Date:30-08-2025 10:00 AM

Property Description

The property is a residential land located at Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore-560 103, Karnataka. The land measures 1 acre and 36 guntas and is identified by Sy. No. 1/3, 1/4 & 1/5 with BBMP Katha No. 4047. The auction also includes an undivided share of 510.38 sq.ft. in the main property, which corresponds to a 2-bedroom apartment (Flat No. B-004, Block 'B') in the LOTUS PALACE project, featuring vitrified flooring, a super built-up area of 1288 sq.ft., and one covered car parking space in the basement. The property is in the name of Shri. Nagendra S S.

State:Karnataka

City:Bengaluru

Area:Varthur Hobli

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by the State Bank of India, involving a residential land property located in Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore-560 103. The property consists of converted land bearing Sy. No. 1/3, 1/4 & 1/5 with BBMP Katha No. 4047, measuring 1 acre and 36 guntas. It also includes an undivided share of 510.38 sq.ft. in the schedule 'A' property, corresponding to Flat No. B-004 in Block 'B' of the LOTUS PALACE project, with a super built-up area of 1288 sq.ft. and one covered car parking space. The reserve price is INR 69,75,000.00, with an Earnest Money Deposit (EMD) of INR 6,97,500.00. The auction will be held by Public Auction on August 30, 2025, from 10:00 AM to 04:00 PM. The application submission deadline is August 29, 2025, by 05:00 PM. For inquiries, contact Mr. Chandrashekar at 70222 52004.

Borrower Name:Shri. Nagendra S S

Auction Type:SARFAESI Auction

Contact Details

Mr. Chandrashekar:70222 52004

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