Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614071
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹47,86,000
EMD:₹4,78,600
Bid Increment:₹10,000
Auction Time:10.00 am to 4.00pm
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential plot located in the prime area of Bengaluru, Karnataka. The property is being auctioned by Indian Bank under SARFAESI Act. It presents a great opportunity for investors or individuals looking to build their dream home in a developed urban setting. Bengaluru is known for its infrastructure and growth, making this plot a valuable asset.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:02, Site No: 02, Present Corporation No 64/1, formed in old property No 9-21/2, Corporation No 64/1, having PID No, 61-51-64/1, Arekempanahalli, Bengaluru
Size:400 sq.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential plot in Bengaluru, Karnataka. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹47,86,000, with an Earnest Money Deposit (EMD) of ₹4,78,600 required. This is a significant opportunity to acquire property in a sought-after location.
Borrower Name:M/s S F Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sameena Akbar, Mrs. Khateeja Sadaf
Legal Details
Possession Status:Symbolic
Encumbrance Details:nil
Why This Property
The property, a plot in Bengaluru, presents a calculated opportunity due to its location and the possibility of development. While the price seems reasonable, potential investors should consider the limited size of the plot and carry out due diligence on the location.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Mr.VIKAS CHANDRA PRABHAKAR
Contact no:9449864113
