Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614172
Bank Name:Liquidation E-Auction
Branch Name:Benguluru
Reserve Price:₹1,24,38,434
EMD:₹12,44,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-03-12
Bid Start Date:2025-05-12
Property Description
A commercial property located in Bengaluru, Karnataka, offered through a liquidation e-auction. This asset is part of the liquidation proceedings for M/s SUPREME OVERSEAS EXPORTS INDIA PVT. LTD. Ideal for investors seeking commercial real estate opportunities in a prime urban location. The property is situated in the bustling city of Bengaluru, known for its vibrant commercial landscape.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Commercial
Full Address:44/1, 16th Cross, K.R.Road, Jayanagar, 7th Block, Bangalore, Karnataka, Jayanagar, Bengaluru
Auction Description
This is a liquidation e-auction for a commercial property in Bengaluru, Karnataka. The auction is being conducted by Liquidation E-Auction, with a reserve price of 12,438,434.0 and an Earnest Money Deposit (EMD) of 1,244,000.0. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 01:00 PM. This is a prime opportunity to acquire commercial real estate directly from a liquidation process.
Borrower Name:M/s SUPREME OVERSEAS EXPORTS INDIA PVT. LTD. (IN LIQUIDATION)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The auction presents a calculated opportunity due to the unique asset type and liquidation status. While the location in Bengaluru is favorable, the specific asset (finished leather jackets) may require specialized knowledge and a specific market. The price point is considerable, requiring careful due diligence.
Contact Details
Branch:Branch Office : Benguluru
Service Provider:BAANKNET
Contact Details:
Smt.Ramanathan Bhuvaneshwari
Contact no: —
