Property for Auction in Varthur Hobli, Bengaluru, Karnataka
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
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 10:00 AM
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
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
Mr. Chandrashekar:70222 52004