Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614613
Bank Name:Liquidation E-Auction
Branch Name:Bangalore
Reserve Price:₹17,20,125
EMD:₹1,72,013
Bid Increment:₹5,00,000
Auction Time:10:00 AM to 1:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-28
Property Description
This commercial office space is located in Uttarahalli, Bengaluru, Karnataka, a thriving commercial hub. The property is part of a liquidation auction by Liquidation E-Auction, offering a unique opportunity for investors and businesses. Situated in a key area of Bengaluru, this asset presents potential for commercial use and appreciation. Ideal for businesses seeking a strategic location.
State:Karnataka
City:Bengaluru
Area:Uttarahalli
Asset Category:Commercial
Full Address:28, Office: No. 28, 1ST FLOOR, AREHALLI VILLAGE UTTARAHALLI HOBLI, NEAR MARUTHI GARMENTS BANGALORE-560061, Uttarahalli, Bangalore
Auction Description
Liquidation E-Auction presents a unique opportunity to acquire a commercial office property in Uttarahalli, Bengaluru. The auction will be conducted online, with bidding starting on November 28, 2025, at 10:00 AM and concluding at 01:00 PM on the same day. The reserve price is set at INR 1,720,125, with an EMD of INR 172,013. This is a liquidation auction for assets of PIGEON APPLIANCES PRIVATE LIMITED (in LIQUIDATION).
Borrower Name:PIGEON APPLIANCES PRIVATE LIMITED (in LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial office space in Uttarahalli, Bengaluru, offered at a reserve price of ₹1720125.00. While the location is decent, the property's investment appeal is moderate due to the relatively low reserve price. Terms require careful consideration.
Contact Details
Branch:Branch Office : Bangalore
Service Provider:drt.auctiontiger.net
Contact Details:
Konduru Prasanth Raju
Contact no:9426328298
