Property for Auction in Varthur Hobli, Bengaluru, Karnataka
Recommendation:Strong BuyScore: 7.5
Auction ID:612361
Bank Name:PNB Housing Finance Limited
Branch Name:Registered Office : New Delhi
Reserve Price:₹42,82,000
EMD:₹4,28,200
Bid Increment:₹10,000
Auction Time:02pm to 03 pm
Service Provider:Public Auction
Submission Date:2025-11-25
Bid Start Date:2025-11-26
PNB Housing Finance Limited presents a prime land parcel for auction in the sought-after Varthur Hobli, Bengaluru, Karnataka. This residential land, previously associated with borrower Arun Prakash Ravichandran, offers a unique investment opportunity in a rapidly developing area. Its strategic location provides excellent connectivity and potential for future growth, making it an attractive prospect for developers and astute investors alike. Don't miss this chance to acquire valuable real estate in one of Bengaluru's most dynamic regions.
State:Karnataka
City:Bengaluru
Area:Varthur Hobli
Asset Category:Residential
Full Address:C-405, Mulberry mist, Grandeur Park, Sy.no.57, 58/1, 56 & 55/3 of Varthur Village,, Varthur Hobli, Bangalore South, Varthur Hobli, Bangalore
Building/Society:Mulberry mist, Grandeur Park
This SARFAESI auction, conducted by PNB Housing Finance Limited, features a residential land parcel in Varthur Hobli, Bengaluru. The auction will take place on November 26, 2025, from 2:00 PM to 3:00 PM. The reserve price is set at INR 42,82,000, with an Earnest Money Deposit (EMD) of INR 4,28,200 required to participate. This is a significant opportunity to bid on a strategically located plot in Karnataka's capital. Ensure all bidding requirements are met prior to the auction commencement.
Borrower Name:Arun Prakash Ravichandran,
Auction Type:SARFAESI Auction
Guarantor Names:Padmashree A Prakash
Possession Status:Physical
Encumbrance Details:Un-known
Located in the developing Varthur Hobli area of Bangalore, this land offers potential for appreciation. The reserve price appears reasonable given the location, and the auction terms are standard. A strong buy recommendation based on location and investment potential.
Branch:Branch Office : Registered Office : New Delhi
Service Provider:Public Auction
Contact Details:
Contact no:7428193765