Property for Auction in Kanakpura Town, Bengaluru, Karnataka
Recommendation:Strong BuyScore: 7.5
Auction ID:609269
Bank Name:Karnataka State Financial Corporation
Branch Name:Ramanagara
Reserve Price:₹17,83,000
EMD:₹1,78,300
Auction Time:11:00 AM
Service Provider:Public Auction
Submission Date:2025-11-21
Bid Start Date:2025-11-24
This offering is for a residential plot located in the developing area of Kanakpura Town, Bengaluru, Karnataka. The property is being auctioned by the Karnataka State Financial Corporation. Ideal for residential development, this plot presents a valuable opportunity in a growing urban landscape. The surrounding area offers essential amenities and connectivity, making it an attractive location for future homeowners or investors.
State:Karnataka
City:Bengaluru
Area:Kanakpura Town
Asset Category:Residential
Full Address:186, Site Property at Khaneshumari No.186, Aralalu Grama, Kanakapura Taluk, Bangalore South District, Kanakapura Town, Bengaluru
Size:4800 sq.feet
The Karnataka State Financial Corporation is conducting a SARFAESI auction for a residential plot in Kanakpura Town, Bengaluru. The auction will commence on November 24, 2025, at 11:00 AM and conclude on November 29, 2025, at 01:00 PM. The reserve price for this auction is ₹1,783,000, with an Earnest Money Deposit (EMD) of ₹178,300 required to participate. Interested bidders should review all auction terms and conditions provided by the Karnataka State Financial Corporation.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
This plot in Kanakpura, Bengaluru, presents a solid investment opportunity given its size and location. The reserve price appears reasonable, and the area has potential for future appreciation. Considering the auction terms and the backing of KSFC, it warrants a 'Strong Buy' recommendation.
Branch:Branch Office : Ramanagara
Service Provider:Public Auction
Contact Details:
Assistant General Manager
Contact no:9240214000