1,460 sq feet Flat for Auction in Bengaluru, Bengaluru – CBI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

1,460 sq feet (≈ 1,460 sq ft)

Reserve price / sq ft

₹5,075

Locality

Bengaluru

City

Bengaluru

State

Karnataka

Pincode

560097

Address

Bengaluru, Karnataka, 560097 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Central Bank of India

Branch

HOSUR, NEW TOWN DEVP. AUTHORITY-2071

Auction type

SARFAESI Auction

Borrower

Srikanth C***** P*****

Auction start

28 Sep 2026, 11:00 AM

Auction end

28 Sep 2026, 04:00 PM

EMD submission deadline

28 Sep 2026, 01:00 PM

Inspection

19 Sep 2026, 10:00 AM – 23 Sep 2026, 04:00 PM

Authorised officer

ABHISHAKE KUMAR

Officer contact

8489903009

E-auction portal

BAANKNET (Property ID CBINHOSURSRIKANTH)

Price Check

This listing's reserve price works out to ₹5,075 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,035 per sq ft, so this one is 28% 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.
2. Inspect the property on 19 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CBINHOSURSRIKANTH)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 01:00 PM. It is refunded if you don't win.
5. Bid online on 28 Sep 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.