Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609043
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office
Reserve Price:₹1,17,00,000
EMD:₹11,70,000
Bid Increment:₹50,000
Auction Time:1.00 pm to 5.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-14
Property Description
This is a residential plot located in Anekal, Bengaluru, Karnataka, brought to auction by the Bank of Maharashtra. Situated in a developing area, this plot offers a prime opportunity for residential development or investment. Its location in Bengaluru provides access to urban amenities and infrastructure. The asset is categorized as residential and is being auctioned under SARFAESI regulations.
State:Karnataka
City:Bengaluru
Area:Anekal
Asset Category:Residential
Full Address:Northern Portion of New Site No. 01, bearing Khata no. 391/41, New Site No. 1, Property No. 15020010180040079 in Sy No. 547/3, situated at Surya Nagar II Phase, KHB, Marasur Village, Kasaba Hobli, Anekal Taluk, Surya Nagar II Phase, KHB, Marasur Village, Bangalore
Size:4010.75 sq. ft.
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential plot in Anekal, Bengaluru. The auction will take place on November 14, 2025, starting at 01:00 PM and concluding at 05:00 PM. The reserve price for this property is ₹1,17,00,000, with an Earnest Money Deposit (EMD) of ₹11,70,000 required to participate. This auction presents a unique chance to acquire a valuable asset in Karnataka's capital.
Borrower Name:Mr. Eruvaka Vishal
Auction Type:SARFAESI Auction
Guarantor Names:Miss Eruvaka Sucharitha
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
The property is a residential plot in Anekal, a developing area of Bangalore. The reserve price seems reasonable, but potential buyers should assess the long-term growth prospects and accessibility before bidding. It's a calculated risk, dependent on future development in the area.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
