Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:614712
Bank Name:Bank of India
Branch Name:Bengaluru Zone
Reserve Price:₹1,62,00,000
EMD:₹16,20,000
Auction Time:11.00 am to 05.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential plot located in the prime area of Langford Town, Bengaluru, Karnataka. The property is being auctioned by the Bank of India under SARFAESI rules. It represents an excellent opportunity for development or investment in a well-established and sought-after locality.
State:Karnataka
City:Bengaluru
Area:LANGFORD TOWN
Asset Category:Residential
Full Address:6, Bride Street, Langford town, Bangalore 560025, Langford Town, Bengaluru
Size:3175.06 sq.feet
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential plot in Langford Town, Bengaluru. The auction will commence on December 9, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹1,62,00,000, with an Earnest Money Deposit (EMD) of ₹16,20,000. This auction offers a chance to acquire a valuable asset in a prominent Bengaluru location.
Borrower Name:Mr. Sridhar M.S
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Murali G
Legal Details
Possession Status:Physical
Encumbrance Details:No encumbrance on the property referred above.
Why This Property
The Langford Town location is highly desirable, and the presence of a residential plot and apartment increases investment appeal. The reserve price aligns with market values, making it a strong buy. The auction terms are standard, providing a reasonable risk profile for potential investors.
Contact Details
Branch:Branch Office : Bengaluru Zone
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorized Officer
Contact no: —
