Land for auction - Varthur - Bengaluru by IDBI Bank

The property consists of two parcels of residential converted land: Sy. No. 73/5 measuring 1 Acre 17 Guntas and Sy. No. 73/6 measuring 21 Guntas, totaling 1 Acre 38 Guntas. This land was converted as per Official Memorandum dated 6/7/2013, bearing No. ALN(EVH)SR/443/2012-13, issued by the Deputy Commissioner, Bangalore District. The current Katha number is 359/73/5/73/6/17, located at Balagere Village, Varthur Hobli, Bangalore East Taluk. The land is bounded by remaining portions of Sy. No. 73/5 and 73/6 to the East and West, Sy. No. 73/4 to the North, and a Road to the South. Additionally, the auction includes Schedule 'B' Property: a 370 sq. ft. undivided share in the Schedule 'A' Property. This corresponds to residential apartment No. 001 on the Ground Floor, Block-B, Wing-D, with a super built-up area of 1380 sq. ft., featuring 2 bedrooms. The apartment is part of the Sri Krishna Excel Stone residential complex and includes proportionate common areas like passages, lobbies, lifts, and staircases. It also features a covered car parking space. The apartment's boundaries are: Corridor to the East, Open to sky to the West, Open to sky to the North, and Corridor to the South.

This is a SARFAESI auction conducted by IDBI Bank for a prime piece of land located in Varthur, Bengaluru, Karnataka. The property comprises residential converted land totaling 1 Acre 38 Guntas, with current Katha No. 359/73/5/73/6/17. The land is situated in Balagere Village, Varthur Hobli, Bangalore East Taluk. The auction also includes an undivided share in a residential apartment (Schedule B Property) with super built-up area of 1380 sq. ft. consisting of 2 bedrooms, located in Block-B, Wing-D of the Sri Krishna Excel Stone residential building, which is constructed over the Schedule A property. The apartment comes with a covered car parking space. The reserve price is INR 60,00,000.00 and the Earnest Money Deposit (EMD) is INR 6,00,000.00. The auction will be held on 14-03-2025, from 10:00 AM to 01:00 PM. Applications must be submitted by 13-03-2025 at 02:00 PM.