Property for Auction in jayanagar, Bengaluru, Karnataka
Auction ID:537724
Bank Name:Liquidation E-Auction
Branch Name:Benguluru
Reserve Price:₹14,77,00,000
EMD:₹1,47,70,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:00 AM
The property in question is a commercial asset situated in the well-regarded Jayanagar locality of Bengaluru, Karnataka. Jayanagar is a mature and well-developed area, recognized for its strategic location, robust civic amenities, and a thriving commercial ecosystem. This makes it an attractive destination for businesses and a potentially lucrative investment for property owners. The property's classification as 'Commercial Property' suggests its suitability for a range of business operations, from retail spaces to office suites, or even mixed-use developments, depending on zoning and specific building characteristics. Being offered as part of a liquidation process for a corporate debtor, this presents a unique acquisition opportunity. While specific details on the property's size, structure, and current condition are not provided in this summary, the location itself in Jayanagar, Bengaluru, is a significant advantage, promising good visibility, accessibility, and potential for capital appreciation and rental yield in one of India's most dynamic real estate markets.
State:Karnataka
City:Bengaluru
Area:jayanagar
Asset Category:Commercial
This is an exceptional opportunity to acquire a prime commercial property through a liquidation e-auction. The auction is scheduled for July 31, 2025, with bidding open between 11:00 AM and 12:00 PM. The property is located in the highly sought-after Jayanagar area of Bengaluru, Karnataka, a vibrant commercial hub known for its excellent connectivity and established infrastructure. This asset is part of the liquidation process for RELIABLE CASHEW COMPANY PRIVATE LIMITED, offering a unique chance to invest in a potentially valuable commercial space. The reserve price for this auction is ₹14,77,00,000, with an Earnest Money Deposit (EMD) of ₹1,47,70,000 required to participate. Prospective buyers are advised to thoroughly review all terms and conditions, including the application submission deadline of July 30, 2025, by 05:00 PM. For any queries, interested parties can contact the provided phone numbers. This auction represents a significant investment prospect for those looking to expand their commercial real estate portfolio in a prime Bengaluru location.
Borrower Name:RELIABLE CASHEW COMPANY PRIVATE LIMITED IN LIQUIDATION (RCCPL)
Auction Type:Liquidation Auction
Contact Phone: 080 26540193 Mobile: +91 94481 46963