Commercial Building SARFAESI Auction Physical Possession

Commercial Building for Auction in Bengaluru – Axis

Bengaluru, Karnataka · Auction ID #105608

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Reserve Price ₹38,88,000
EMD (Earnest Money)₹3,88,800
Bid Increment₹25,000
Auction Date 12 Nov 2026 Tomorrow
EMD Last Date 11 Nov 2026 Today
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Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Locality
—
Address
RESIDENTIAL APARTMENT BEARING NO.EL-1204 ON THE ELEVENTH FLOOR OF PHASE I IN 'O' BLOCK OF THE MULTISTORIED BUILDING KNOWN AS 'PLATINUM CITY PROJECT', PROPERTY BEARING NO.2, SITUATED AT H.M.T. MAIN ROAD, PEENYA VILLAGE, YESHWANTHPURA HOBLI, CORPORATION DIVISION NO.1/2, BANGALORE NORTH TALUK, BANGALORE. View on map

Description (as per sale notice)

RESIDENTIAL APARTMENT BEARING NO.EL-1204 ON THE ELEVENTH FLOOR OF PHASE I IN 'O' BLOCK OF THE MULTISTORIED BUILDING KNOWN AS 'PLATINUM CITY PROJECT', PROPERTY BEARING NO.2, SITUATED AT H.M.T. MAIN ROAD, PEENYA VILLAGE, YESHWANTHPURA HOBLI, CORPORATION DIVISION NO.1/2, BANGALORE NORTH TALUK, BANGALORE.
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Bank & Auction Details

Bank / Lender
Axis Bank
Branch
—
Auction type
SARFAESI Auction
Borrower
JAYALAKSHMI BV
Auction start
12 Nov 2026
Auction end
—
EMD submission deadline
11 Nov 2026
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
Axis Bank (sale notice)
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (Axis Bank (sale notice)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹3,88,800 before 11 Nov 2026. It is refunded if you don't win.
  5. Bid online on 12 Nov 2026 starting above the reserve price, in multiples of ₹25,000.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Axis Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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