Plot for Auction Prakash Nagar Rajajinagar 3rd Stage Bengaluru 3.8 Crore by Union Bank of India
Prakash Nagar, Rajajinagar 3rd Stage, Bengaluru
Area: 1558 Sq. Ft.
Site No. 17 (Old No. 1165/0017), PID No. 23-31-17, situated at Dr. Rajkumar Road (80 ft road), Rajajinagar 3rd Stage, Prakash nagar, Bengaluru 560021
Union Bank of India · Asset Recovery Branch
Reserve price
₹3,80,00,000
EMD ₹38,00,000
Auction date
27 Aug 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1558 Sq. Ft.
- ▸Locality: Prakash Nagar, Rajajinagar 3rd Stage
- ▸Reserve: ₹3,80,00,000
- ▸EMD: ₹38,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Prakash Nagar, Rajajinagar 3rd Stage |
| Built-up / plot area | 1558 Sq. Ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Site No. 17 (Old No. 1165/0017) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Prakash Nagar, Rajajinagar 3rd Stage, Bengaluru by Union Bank of India — reserve price ₹3,80,00,000, 1558 Sq. Ft., Symbolic possession.
Discover a prime bank auction plot for sale in the desirable Prakash Nagar, Rajajinagar 3rd Stage, Bengaluru. This valuable land parcel, Site No. 17 (Old No. 1165/0017) with PID No. 23-31-17, is strategically situated on Dr. Rajkumar Road (80 ft road) and measures 1558 Sq. Ft. Offered by Union Bank of India, this property presents an excellent investment opportunity for developers or individuals seeking to build in a well-established and accessible area. The e-auction for this sought-after plot has a reserve price of ₹38,000,000, with an EMD of ₹3,800,000 and a bid increment of ₹100,000. Don't miss this chance to acquire a significant piece of land in Bengaluru through a transparent bank auction process.
GeoSquare note: This plot in Prakash Nagar, Rajajinagar, Bengaluru, offers a strong investment opportunity due to its prime location on Dr. Rajkumar Road and its potential for development in a highly sought-after urban area. While the possession status is symbolic, which may require additional steps from the buyer, the attractive reserve price for a plot of this size and location makes it a compelling choice for investors. Due diligence regarding physical possession and potential encumbrances is advised.
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