Property for Auction in Uttarahalli, Bengaluru, Karnataka
Recommendation:Strong BuyScore: 7.5
Auction ID:613715
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch
Reserve Price:₹30,80,000
EMD:₹3,08,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-28
Bid Start Date:2025-11-28
This is a prime plot of land located in the well-connected area of Uttarahalli, Bengaluru, Karnataka. As a residential asset, it presents a great opportunity for development or investment in one of India's rapidly growing metropolitan cities. The property is being auctioned by the State Bank of India under SARFAESI regulations, offering a clear title and a secure transaction process. Its strategic location ensures access to essential amenities and future growth potential.
State:Karnataka
City:Bengaluru
Area:Uttarahalli
Asset Category:Residential
Full Address:2/4, Flat No. 004, Peepal Tree, Site No.2/4, BBMP Katha No.319/536-2/4, Doddakallasandra Village, Uttarahalli Hobli, Bengaluru South Taluk, Uttarahalli, Bengaluru
Building/Society:Peepal Tree
Size:13000 Sq.ft.
The State Bank of India is conducting a SARFAESI auction for a valuable plot of land in Uttarahalli, Bengaluru, Karnataka. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this residential land is ₹30,80,000, with an Earnest Money Deposit (EMD) of ₹3,08,000 required to participate. This is a significant opportunity to acquire property through a transparent and regulated banking auction process, originally owned by Sri. Bhaskar Krishna.
Borrower Name:Sri. Bhaskar Krishna
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property's location in Uttarahalli, Bengaluru, along with its land and flat components, makes it a strong investment opportunity. The reserve price seems reasonable, and the auction terms are standard.
Branch:Branch Office : Stressed Assets Recovery Branch
Service Provider:BAANKNET
Contact Details:
Shri. Nagaraja Vaddigeri
Contact no:9448441455