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House SARFAESI Auction Symbolic Possession

1,429 sq feet House for Auction in Bengaluru, Bengaluru – BOM

Bengaluru, Bengaluru, Karnataka · Auction ID #1566

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House photo 1
Reserve Price ₹68,45,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 11:00 AM In 2 days
EMD Last Date 29 Sep 2026, 02:00 PM In 2 days
Area1,429 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
1,429 sq feet (≈ 1,429 sq ft)
Reserve price / sq ft
₹4,790
Locality
Bengaluru
Pincode
560093
Address
Bengaluru, Karnataka, 560093 View on map

Description (as per sale notice)

All those pieces and parcels of residential flat measuring 1429 sq ft. “Sand Galaxy” constructed on all pieces and parcels of land together with the building lying at village Kaggadasapura in the registration district Bangalore, Sub District K R Puram Hobli, Mahadevapura Zone, Ward No 81, with undivided share admeasuring 398.94 sq ft and bearing Sy no 10/1 (Old Survey no 87/4) butted and bounded as under- On or towards North By property belonging to Mr. Manjunath G V On or towards East By remaining portion of Sy no 10/1 On or towards West By Road On or towards South By Remaining portion of Sy no 10/1

BAANKNET Property ID: MAHB15078829380

Bank & Auction Details

Bank / Lender
Bank of Maharashtra
Branch
KORAMANGALA
Auction type
SARFAESI Auction
Borrower
SASIKUMAR A*****
Auction start
29 Sep 2026, 11:00 AM
Auction end
29 Sep 2026, 02:00 PM
EMD submission deadline
29 Sep 2026, 02:00 PM
Inspection
22 Sep 2026, 11:00 AM – 26 Sep 2026, 05:00 PM
Authorised officer
G H Motwani
Officer contact
7411317188

Price Check

This listing's reserve price works out to ₹4,790 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,035 per sq ft, so this one is 32% 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 22 Sep 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID MAHB15078829380)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 02:00 PM. It is refunded if you don't win.
  5. Bid online on 29 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.

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 Bank of Maharashtra. Always verify every detail with the official notice and the authorised officer before paying any money.

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