Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609454
Bank Name:LIC Housing Finance Ltd
Branch Name:BENGALURU
Reserve Price:₹62,00,000
EMD:₹6,20,000
Bid Increment:₹25,000
Auction Time:11 AM to 3.00PM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
This is a prime land parcel located in Bengaluru, Karnataka, offered for auction by LIC Housing Finance Ltd. The property is categorized as residential land and presents a significant investment opportunity in one of India's most dynamic cities. Its location in Bengaluru ensures excellent connectivity and potential for future development. Ideal for builders or individuals looking to construct their dream home or a commercial venture.
State:Karnataka
City:Bengaluru
Area:Bengaluru
Asset Category:Residential
Full Address:56, G.K.SOUTH PRISTINE, Site No.56, Now Nolaguli Village Panchayath/Panchayath Raj, Property No. 150200302000820090. Property No. (in village village panchayath records) 159/98A/66, in G.K.SOUTH PRISTINE formed in Sy.No.98(New No.98/A), NETTIGERE VILLAGE, Nettigere Village, Uttarahalli Hobli, Bengaluru
Building/Society:G.K.SOUTH PRISTINE
Size:2400 square feet
Auction Description
LIC Housing Finance Ltd presents an SARFAESI auction for a valuable plot of land in Bengaluru, Karnataka. The auction has a reserve price of INR 62,00,000 and requires an Earnest Money Deposit (EMD) of INR 6,20,000. Bidders have the opportunity to acquire this residential land on December 2nd, 2025, between 11:00 AM and 03:00 PM. This is a chance to secure a property in a sought-after area of Bengaluru.
Borrower Name:Ms. VEENA KUMARI SM
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
Located in Bengaluru, this residential plot offers potential for investment. The reserve price and EMD are considerable, warranting careful due diligence. While the location is developing, the auction terms require a calculated approach to assess the overall value proposition.
Contact Details
Branch:Branch Office : BENGALURU
Service Provider:Auctionbazaar
Contact Details:
Mr. A.S.R Phanindra
Contact no:8008177199
