Residential Plot SARFAESI Auction

111.41 sq m Residential Plot for Auction in Panchayath Property, Hobli – Assets Care And Reconstruction Enterprise Limited

Panchayath Property, Hobli, Karnataka · Auction ID #110650

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Reserve Price ₹12,24,000
EMD (Earnest Money)₹1,22,400
Bid Increment₹5,000
Auction Date 18 Nov 2026, 02:30 PM In 3 days
EMD Last Date 17 Nov 2026, 04:00 PM In 2 days
Area111.41 sq m
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Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
111.41 sq m (≈ 1,199 sq ft)
Reserve price / sq ft
₹1,021
Locality
Panchayath Property
City
Hobli

Description (as per sale notice)

All That Piece And Parcel Of The Immovable Property Being Approved Site Bearing No.09, "Adisesh Prime" Having Village Panchayath Property E-Katha No.151900703000220126, Form No.09-Certificate No. 5679169, Form No.11a Certificate No.5679188, Documents Of Gramapanchayath Property No.156/9, Measuring In Mtr East-West 12,19 Mtr, North To South 9.14 Mtr In All 111.41 Sq Mtrs, Site Measuring In Feet East To West 40 Feet North To South 30 Feet Totally Measuring 1200 Sq Ft, Carved Out Of Residentially Converted Sy No, 25/1, Vide His Order Dated 02-06-2017, Vide Official Memorandum No.Aln/Sr(Ko) Commissioner Kolar District, 261/2015-2016. Order Passed By The Deputy And The Residential Layout Approved By The Directorate Of Town & Country Planning Authority Vide No.Lao No.76/1/2017-18, Dated 14.12.2017, Situated At Banakanahalli, Village, Vakkaleri Hobli, Kolar Taluk, Kolar District, And Bounded On The :- East By : Site No.02; West By :9.0m Wide Road; North By : Site No.10; South By : Site No.08.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Ummesalma F
Auction start
18 Nov 2026, 02:30 PM
Auction end
18 Nov 2026, 03:30 PM
EMD submission deadline
17 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹1,021 per sq ft. The average across residential bank auctions in Hobli on our site is ₹729 per sq ft, so this one is 40% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

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 (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹1,22,400 before 17 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 18 Nov 2026 starting above the reserve price, in multiples of ₹5,000.
  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 Assets Care And Reconstruction Enterprise Limited. Always verify every detail with the official notice and the authorised officer before paying any money.

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