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Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

House SARFAESI Auction Symbolic Possession

1,300 sq feet House for Sale (Bank Auction) in Bengaluru, Bengaluru – IOB

Bengaluru, Bengaluru, Karnataka · Auction ID #26408

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House photo 1
Indicative Price ₹66,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,300 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
1,300 sq feet (≈ 1,300 sq ft)
Reserve price / sq ft
₹5,115
Locality
Bengaluru
Pincode
560096
Address
Bengaluru, Karnataka, 560096 View on map

Description (as per sale notice)

Residential Building situated at Municipal No.73, Khata No.223, New Municipal No.16/2, 14th Cross, JC Nagar, Laggere Village, Yeshwanthapura Hobli,BBMP Ward No.13, Bangalore-560096 with total extent of Site East to West of 30 feet and North to South of 40 feet having total area of 1200 sft with total built up area of 1300 sft. Boundaries: East by: Property No.73 West by: Government Drain North by: Road South by: Property No.83/A

BAANKNET Property ID: IOBA230711

Bank & Auction Details

Branch
BANASHANKARI II STAGE-1298
Auction type
SARFAESI Auction
Borrower
SRINIVAS S, G***** S
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹5,115 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,045 per sq ft, so this one is 27% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IOBA230711)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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 Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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