Flat SARFAESI Auction

17,385.44 sq m Flat for Auction in Hobli – Assets Care And Reconstruction Enterprise Limited

Hobli, Karnataka · Auction ID #110652

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Reserve Price ₹20,18,000
EMD (Earnest Money)₹2,01,800
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
Area17,385.44 sq m
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Property Details

Property type
Flat (Residential)
Possession
Not specified
Area
17,385.44 sq m (≈ 1,87,135 sq ft)
Reserve price / sq ft
₹11
Locality
—
City
Hobli

Description (as per sale notice)

DESCRIPTION OF THE SECURED ASSET: Schedule 'A' Property - Block-3 - All That Piece And Parcel Of Property Bearing Survey No.3, Doddabanahalli Housing Project Stage-1 Situated At Doddabanahalli, Bidarahalli Hobli, Earlier Bangalore South Taluk, Presently Bangalore East Taluk, Bangalore Measuring Totally 17385.44 Square Meters, (Total 120 Flats Of 1 Bhk, 600 Flats Of 2 Bhk And 60 Flats Of 3bhk) And Bounded On The. East By: Private Property; West By: 24 Meters Wide Rmp Road; North By: Survey No.3; South By: Private Property. Schedule 'B' Property - Undivided Share, Right, Title And Interest In Land In Respect Of Schedule 'A' Property Measuring To An Extent Of 135.51 Square Feet Or 12.59 Square Meters. Schedule 'C' Property - Flat No.B1-05, In Ground Floor, In Block-B1, Bda Khatha No.Ro(E)/B1-05/Doddabanahalli/2017-18, Dated: 24/02/2018 Measuring Built Up Area Of 395.68 Square Feet Or 36.76 Square Meters, Built Up Area, Containing One Bed Room, Including Proportionate Share In Common Areas Such As Passages, Lobbies, Staircase, Lift Etc., In The Multistoried Residential Building Known As Doddabanahalli Housing Project Stage-2" Constructed On The Schedule "A" Property, Along With Right Over All The Amenities Provided In The Said Apartment Building And Bounded On The. East By: Db-B1-008; West By: Open To Sky; North By: Db-B1-006; South By: Lift & Open To Sky.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Naveen R*** N****
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 ₹11 per sq ft. The average across residential bank auctions in Hobli on our site is ₹729 per sq ft, so this one is 98% below 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 ₹2,01,800 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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