Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611554
Bank Name:Encore ARC Pvt Ltd
Branch Name:Corporate Office - Gurugram
Reserve Price:₹3,35,00,000
EMD:₹33,50,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 1:00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
Encore ARC Pvt Ltd presents a prime plot auction in the sought-after Vijayanagar area of Bengaluru, Karnataka. This residential plot offers an excellent opportunity for development in a well-established neighborhood. The property is ideally located for convenient access to city amenities and infrastructure. Don't miss this chance to acquire a valuable asset in one of Bengaluru's thriving localities.
State:Karnataka
City:Bengaluru
Area:Vijayanagar
Asset Category:Residential
Full Address:121, Plot No. 121, 42nd cross, 8th block, Jayanagar, Extension, BBMP (PID No.58-93-61), BBMP Ward No. 58, BBMP Ward Name: Jayanagar Bangalore, Vijayanagar, Bengaluru
Size:1500 sq ft
Auction Description
This is a SARFAESI auction conducted by Encore ARC Pvt Ltd for a residential plot in Vijayanagar, Bengaluru. The auction will commence on December 10, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price is INR 3,35,00,000, with an Earnest Money Deposit (EMD) of INR 33,50,000 required. The property was formerly owned by Mr. Vinod Gopinath Mysore Venugopal.
Borrower Name:Mr. Vinod Gopinath Mysore Venugopal
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in a well-known area of Bengaluru, which offers good potential. However, the high reserve price and EMD suggest a calculated approach is necessary. Location is prime, making it a calculated opportunity for development.
Contact Details
Branch:Branch Office : Corporate Office - Gurugram
Service Provider:bankeauctions.com / C1 India
Contact Details:
K.Nagendran
Contact no:9176291717
