Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613401
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹43,00,000
EMD:₹4,30,000
Auction Time:01.00 p.m
Service Provider:Public Auction
Important Dates
Submission Date:11-12-2025 12:00 PM
Bid Start Date:2025-12-11
Property Description
City Union Bank presents a valuable residential plot for auction in the sought-after area of Kengen Hobil, Bengaluru, Karnataka. This is a prime opportunity to acquire a plot in a growing region. The property is categorized as residential, ideal for building your dream home or for investment purposes. Located in the vibrant city of Bengaluru, this plot offers excellent potential.
State:Karnataka
City:Bengaluru
Area:Kengen Hobil
Asset Category:Residential
Full Address:19, No.19, Survey No. 124, V.P Khala No. 138, Kommaghatta, Hosabyrohalli, Archakara Layout, Kengeri Hobli, Bangalore South Taluk, Bangalore, Kengeri Hobli, Bengaluru
Size:600 sq.ft
Auction Description
Participate in the SARFAESI auction conducted by City Union Bank for a residential plot in Kengen Hobil, Bengaluru. The auction will commence on 11-12-2025 at 01:00 PM and conclude at 02:00 PM on the same day. The reserve price for this plot is INR 43,00,000, with an Earnest Money Deposit (EMD) of INR 4,30,000 required to bid. This is a time-sensitive opportunity to acquire property under the SARFAESI Act. Ensure all bidding requirements are met before the auction end time.
Borrower Name:Mr. Raghavendra Hegde
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kavitha Raghavendra Hegde
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Kengeri Hobli presents a decent investment opportunity, given its location and size. The reserve price appears reasonable, warranting further due diligence. A 'Calculated Opportunity' rating reflects the need for careful assessment of local market trends and potential development costs.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:080-26423599
