Plot for auction Varthur Hobli Bangalore 43 lakh PNB Housing Finance Limited

Property for Auction in Varthur Hobli, Bengaluru, Karnataka

Recommendation
Strong BuyScore: 7.5
Possession
Physical
Reserve Price
42,82,000
Reserve Price
42,82,000
EMD Required
4,28,200
Property Specifications
Society/BuildingMulberry mist, Grandeur Park
Unit No.C-405
Floor4th
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Varthur Hobli, Bengaluru
Auction Date IconAuction Date:
26-11-2025 02:00 PM

Auction Details

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

Important Dates

Submission Date:2025-11-25

Bid Start Date:2025-11-26

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Un-known

Why This Property

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.

Contact Details

Branch:Branch Office : Registered Office : New Delhi

Service Provider:Public Auction

Contact Details:

Contact no:7428193765

Discover Similar Auctions

Videos