Property for Auction in Mahanagarapalike, Bengaluru, Karnataka
Auction ID:553191
Bank Name:State Bank of India
Branch Name:Bangalore
Reserve Price:₹55,00,000
EMD:₹5,50,000
Service Provider:BAANKNET
Submission Date:20-08-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
This auction features a residential plot located in the well-established area of Mahanagarapalike, Bengaluru, Karnataka. Owned by Mr. Kannan Naidu G, the property is being auctioned by the State Bank of India under SARFAESI regulations. Bengaluru is renowned for its robust real estate market and growth potential, making this plot an attractive investment. The property is ideal for development or as a land bank in a prime urban setting.
State:Karnataka
City:Bengaluru
Area:Mahanagarapalike
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential plot in Mahanagarapalike, Bengaluru, Karnataka. This is a prime opportunity to acquire a valuable asset. The auction will commence on August 21, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at INR 55,00,000, with an Earnest Money Deposit (EMD) of INR 5,50,000 required to participate. Don't miss this chance to invest in a sought-after location.
Borrower Name:Mr. Kannan Naidu G
Auction Type:SARFAESI Auction
Authorised Officer's Details: Name: Smt.Jayalakshmi Chief Manager Mobile No: +91-9945143159