Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611138
Bank Name:Authum Investment & Infrastructure Limited
Branch Name:Registred Office:Mumbai
Reserve Price:₹25,00,000
EMD:₹2,50,000
Bid Increment:₹30,000
Auction Time:11:00-13:00
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-17
Property Description
A residential plot located in Bengaluru, Karnataka, being auctioned under SARFAESI rules. This property was formerly associated with the borrower, Late Mr Ramesh Ramu. The plot is situated in the prime area of Bengaluru, offering a great opportunity for investment or development.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:30, Municipal no-30, 9th B Cross Manorayanapalya Ward No.96 of BBMP, HEBBAL, Manorayanapalya, Bengaluru
Size:640 square feet
Auction Description
Authum Investment & Infrastructure Limited presents a SARFAESI auction for a residential plot in Bengaluru, Karnataka. The auction will take place on November 17, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price is ₹25,00,000, with an Earnest Money Deposit (EMD) of ₹2,50,000 required to participate. This is a significant opportunity to acquire a plot in a desirable location.
Borrower Name:Late Mr Ramesh Ramu
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.Saraswathi K, Mrs. Saroja, Master Harsha, Miss Layasara, Mr. Ramu
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Bengaluru, a developing city, which presents a decent investment opportunity. The reserve price seems reasonable, but potential buyers should thoroughly inspect the site and understand the terms & conditions. The 'AS IS WHERE IS' basis necessitates caution.
Contact Details
Branch:Branch Office : Registred Office:Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Shankar
Contact no:7975596490
