Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613048
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹82,00,000
EMD:₹8,20,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:26-11-2025 05:00 PM
Bid Start Date:2025-11-27
Property Description
State Bank of India presents a prime land parcel in KR Puram Hobli, Bengaluru, Karnataka. This residential land offers a significant investment opportunity in a rapidly developing area. Situated in a sought-after locality, this property is ideal for residential development. Don't miss this chance to acquire a valuable asset in Bengaluru's thriving real estate market.
State:Karnataka
City:Bengaluru
Area:KR Puram Hobli
Asset Category:Residential
Full Address:Site No. 11, Site No.II, Khatha No.50/1/5, KR Puram CMC, Property No.11 Sonnathammanahalli, Thambuchettypallya, KR Puram Hobli Bengaluru-560005, KR Puram Hobli, Bengaluru
Size:800 sq.ft
Auction Description
This is a SARFAESI auction conducted by the State Bank of India for a land property located in KR Puram Hobli, Bengaluru. The reserve price is ₹82,00,000 with an EMD of ₹8,20,000. Bidding opens on 27-11-2025 at 11:00 AM and closes on the same day at 04:00 PM. This is a direct opportunity to purchase a property through a bank auction.
Borrower Name:Kavitha.Y
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Yesuraj
Legal Details
Possession Status:Constructive
Encumbrance Details:NIL
Why This Property
The property, a plot of land in KR Puram Hobli, Bengaluru, presents a calculated opportunity. With a reserve price of ₹8200000 and a constructive possession status, it requires careful assessment of the location's potential and associated risks. The auction terms appear standard, making it a suitable investment for those familiar with the area.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Shri Kailash Chandra Meena
Contact no:9790960729
