Property for Auction in Biddarahalli Hobli, Bengaluru, Karnataka
Auction ID:552531
Bank Name:Indian Bank
Branch Name:NEW HORIZON COLLEGE BRANCH
Reserve Price:₹40,20,000
EMD:₹4,02,000
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
This offering is for a residential plot situated in Biddarahalli Hobli, a well-connected area within Bengaluru, Karnataka. The land parcel is designated for residential use and forms part of a SARFAESI auction conducted by Indian Bank. This is an opportunity to invest in real estate in one of India's fastest-growing cities. The specific dimensions and location details within Biddarahalli Hobli are available upon request or during the auction process. The property is legally encumbered and being sold on an as-is, where-is basis as per the SARFAESI Act.
State:Karnataka
City:Bengaluru
Area:Biddarahalli Hobli
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential plot located in Biddarahalli Hobli, Bengaluru, Karnataka. The auction is scheduled for August 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this valuable property is INR 40,20,000, with an Earnest Money Deposit (EMD) of INR 4,02,000 required. This is a prime opportunity to acquire a plot in a developing area of Bengaluru, offering potential for residential development. Interested bidders are encouraged to review all auction terms and conditions prior to participation. The property is being auctioned due to the loan default of Mr. Akshay S Vajpey.
Borrower Name:Mr. Akshay S Vajpey
Auction Type:SARFAESI Auction
Contact Number:8291220220