1,300 sq feet Flat for Auction in Bengalore South, Bengaluru, Bengaluru – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,300 sq feet (≈ 1,300 sq ft)

Reserve price / sq ft

₹9,308

Locality

Bengalore South, Bengaluru

City

Bengaluru

State

Karnataka

Pincode

560062

Address

Bengalore south, Bengaluru, Karnataka, 560062 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB BANGALORE-05173

Auction type

SARFAESI Auction

Borrower

VENGALAPURAM V**** K****

Auction start

29 Sep 2026, 11:00 AM

Auction end

29 Sep 2026, 04:00 PM

EMD submission deadline

28 Sep 2026, 04:00 PM

Inspection

08 Sep 2026, 11:00 AM – 28 Sep 2026, 03:00 PM

Authorised officer

Anusuya ravi sekar

Officer contact

9550340218

E-auction portal

BAANKNET (Property ID SBIN400060495174)

Price Check

This listing's reserve price works out to ₹9,308 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% 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.
2. Inspect the property on 8 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN400060495174)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 28 Sep 2026, 04:00 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.