Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:610199
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹79,09,000
EMD:₹7,90,900
Auction Time:11.00 AM to 11.15 AM
Service Provider:Auctionbazaar
Important Dates
Submission Date:2025-09-12
Bid Start Date:2025-12-10
Property Description
A prime residential plot located in the well-connected Yashwantpur area of Bengaluru, Karnataka. This asset, previously associated with M/s Ramco Concrete Block, offers a significant opportunity for development or investment in one of India's fastest-growing real estate markets. The property is categorized as residential and is being auctioned under the SARFAESI Act.
State:Karnataka
City:Bengaluru
Area:yashwantapur
Asset Category:Residential
Full Address:22, No.22, Kannalli Village Katha No.252, Assessment Old No.113, Present No.113/1, E Property ID No. 1502004005011004351, kodigehalli Village Pancharyath Limits Kannall Village, yashwantapur, Bengaluru
Size:1200 Sq.ft
Auction Description
This is a SARFAESI auction for a residential plot in Yashwantpur, Bengaluru, conducted by Karnataka Bank. The auction will take place on December 10, 2025, with bidding open from 11:00 AM to 11:15 AM. The reserve price is set at ₹79,09,000, and the Earnest Money Deposit (EMD) required is ₹7,90,900. Secure this valuable plot in a sought-after Bengaluru location.
Borrower Name:M/s Ramco Concrete Block
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in yashwantapur, Bengaluru, along with its residential plot type, makes it a promising investment. With a reserve price of ₹7909000.0 and clear auction terms, it presents a solid opportunity for potential buyers.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Chief Manager & Authorised Officer
Contact no:8885035382
