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Land SARFAESI Auction

2 acre Land for Auction in Bengaluru – Assets Care And Reconstruction Enterprise Limited

Bengaluru, Karnataka · Auction ID #110655

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Land for auction in Bengaluru – Assets Care And Reconstruction Enterprise LimitedRepresentative image – no photo published by the bank
Reserve Price ₹1,06,00,000
EMD (Earnest Money)₹10,60,000
Bid Increment₹15,000
Auction Date 27 Nov 2026, 02:30 PM In 14 days
EMD Last Date 26 Nov 2026, 04:00 PM In 13 days
Area2 acre
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Property Details

Property type
Land (Land & Agricultural)
Possession
Not specified
Area
2 acre (≈ 87,120 sq ft)
Reserve price / sq ft
₹122
Locality
—

Description (as per sale notice)

Schedule "A" Property (Description Of Land) All That Piece And Parcel Of The Immovable Property Comprising Converted Land, Converted From Agricultural Use To Non-Agricultural Residential Purpose By Means Of Order No. Aln-(Evh)-Sr-2/08- 09 Dated 09-09-2010 Passed By The Spl. Deputy Commissioner (Rev.), Bangalore District, Bearing Sy. No. 189 Of Kodathi Village, Varthur Hobli, Bangalore East Taluk, Measuring 2 Acres 05 Guntas, And Bounded As Under:- East: Land Belonged To Shivanagappa In Sy. No. 188; West: Property Of Shivahanumantappa In Sy. No. 190; North: Land Belonged To Krishna Reddy In Sy. No. 193; South: 40 Ft. Road And Thereafter Sy. No. 79. Along With All Rights Of Way, Water, Sanitation, Easementary And Other Rights And Appurtenances Attached Thereto. Schedule "B" Property (Description Of UDS) 590 & 600 Sq. Ft. Of Undivided Share, Rights, Title And Interest In The Schedule "A" Property, Which Is The Corresponding Undivided Share Of Land And Common Areas, In Respect Of Schedule "C" Apartment Unit. Schedule "C" Property (Description Of The Apartment Being Sold) All That Piece And Parcel Of Immovable Property Comprising One Apartment Unit, I.E., Flat No. D-002, Situated In Ground Floor, 'D' Block, Measuring A Super Built-Up Area Of 1180 Sq. Ft., & Flat No. D-404, Situated In Fourth Floor, 'D' Block, Measuring A Super Built-Up Area Of 1200 Sq. Ft., (Which Is Also Inclusive Of Balconies And A Proportionate Share In The Common Areas), With Two Covered Parking Space In The Basement Floor, In The Residential Apart- ment Building Known As "Kings Square" Constructed On The Schedule-A Property.
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Bank & Auction Details

Branch
Assets Care and Reconstruction Enterprise Limited, Mumbai - BO
Auction type
SARFAESI Auction
Borrower
Riyaz A*****
Auction start
27 Nov 2026, 02:30 PM
Auction end
27 Nov 2026, 03:30 PM
EMD submission deadline
26 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
View official sale notice
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Price Check

This listing's reserve price works out to ₹122 per sq ft. The average across land & agricultural bank auctions in Bengaluru on our site is ₹4,036 per sq ft, so this one is 97% 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 ₹10,60,000 before 26 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 27 Nov 2026 starting above the reserve price, in multiples of ₹15,000.
  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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