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Industrial Plot SARFAESI Auction Physical Possession

Industrial Plot for Auction in Dobaspet Industrial Area, Bengaluru Rural – PNB

Dobaspet Industrial Area, Bengaluru Rural, Karnataka · Auction ID #107887

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Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 1
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 2
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 3
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 4
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 5
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 6
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 7
Industrial Plot for auction in Dobaspet Industrial Area, Bengaluru Rural – PNB – photo 8
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Reserve Price ₹8,86,50,000 10% lower than previous auction (₹9.85 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 19 Nov 2026, 11:00 AM In 4 days
EMD Last Date 19 Nov 2026, 02:00 PM In 4 days
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Physical Possession
Locality
Dobaspet Industrial Area
Pincode
562111
Address
Dobaspet Industrial Area, Karnataka, 562111 View on map

Description (as per sale notice)

All that hypotheticated assets (Plant and Machinery and all other fixed assets) created out of Bank finance and maintained in the unit and all that part and piece of the property (Industrial Land & Building) bearing No- 32/B, Sy No- 17/2, 17/3 & 17/4 situated at Avverahalli Industrial Area, Dabasapete 4th Phase, K G Srinivasapura Village, Sompura Hobli, Nelamangala Taluk, Bangalore- 562111, admeasuring 65338 Sq Ft., Owned by M/S Elite Corrugaters represented by its Prop- Sri M N Gowrishankar. Bounded on: East By: KIADB Buffer, West By: Plot No- 32/A, North By: KIADB 15 Mtr wide Buffer & South By: KIADB 30Mtr wide Road No-4. (LEASE HOLD RIGHT, MORTGAGE HAS BEEN CREATED ON THE BASIS OF LEASE CUM SALE AGREEMENT WITH KIADB WITH 10 YEARS OF LEASE PERIOD, SALE DEED IS YET TO BE EXECUTED.)

BAANKNET Property ID: PUNBELITECO
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Bank & Auction Details

Branch
ARMB BANGALORE 819100
Auction type
SARFAESI Auction
Borrower
ELITE C*****
Auction start
19 Nov 2026, 11:00 AM
Auction end
19 Nov 2026, 03:00 PM
EMD submission deadline
19 Nov 2026, 02:00 PM
Inspection
—
Authorised officer
Vaitheeswaran R
Officer contact
9632588100
E-auction portal
BAANKNET (Property ID PUNBELITECO)
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Previous Auctions of This Property

Auction dateReserve price
19 Nov 2026₹8,86,50,000This auction
27 Oct 2026₹9,85,00,000View

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  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 (BAANKNET (Property ID PUNBELITECO)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 19 Nov 2026, 02:00 PM. It is refunded if you don't win.
  5. Bid online on 19 Nov 2026 starting above the reserve price.
  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 Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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