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Commercial Building SARFAESI Auction Physical Possession

12,461 sq feet Commercial Building for Sale (Bank Auction) in Bull Temple Road, Bengaluru, Bengaluru – SBI

Bull Temple Road, Bengaluru, Bengaluru, Karnataka · Auction ID #26649

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Commercial Building photo 1 Commercial Building photo 2 Commercial Building photo 3 Commercial Building photo 4 Commercial Building photo 5 Commercial Building photo 6
Indicative Price ₹43,80,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area12,461 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Area
12,461 sq feet (≈ 12,461 sq ft)
Reserve price / sq ft
₹35,150
Locality
Bull Temple Road, Bengaluru
Pincode
560019
Address
Bull Temple Road, Bengaluru, Karnataka, 560019 View on map

Description (as per sale notice)

(i) All that piece and parcel of House bearing No.85/1, old No.6,7 and 8 previously No.5, 6 and 7 situated in Bull Temple Road, Gavipuram Extension, Basavanagudi, Bengaluru -19, Division No.19, measuring built up area 1357 Sq. feet and open space of 1967 Sq. feet standing in the name of Shri Ganjam S Bimaji S/o Late Shri Subbaramaiah vide Sale Deed 31.12.1964 and Registered as Document No 5957/ 1964-65 office of the Sub Registrar, Bengaluru City South and on the demise of Shri Ganjam S Bimaji the property is now standing in the name of Ganjam Nagappa & Son HUF represented by its Karta Shri Ganjam S Eswar and the property is bounded on: East by: Bull Temple Road, West by: Open Space which belongs to Sri B K Subba Rao, North by: House bearing No.85 which belongs to Sri B K Subba Rao, South by: Shri Ganjam House. (ii) All that piece and parcel of House premises bearing municipal New No.82, Old Numbers.7, 8 & 9 (previously 5, 6 and 7) situated at Bull Temple Road, Gavipuram Extension, Basavanagudi, Bengaluru -560004 measuring East to West 107.50feet and North to South 85feet and totally measuring 9137,50sq feet and standing in the name of Shri Ganjam S Bimaji vide Sale Deed dated 19.02.1960 and registered as Document No.4597/1959-60 at the office of the Sub Registrar, Bengaluru City South and on the demise of Shri Ganjam S Bimaji the property is now standing in the name of Ganjam Nagappa & Son HUF represented by its Karta Shri Ganjam S Eswar and the property is bounded on: East by: Bull Temple Main Road, West by: Conservancy Lane, North by: House No.6 (old No.4) of Mr. C Krishnaswami Rao, South by: Hanuman Gudda Road. Note: The above 2 properties are adjacent to each other and have a common compound and accordingly the Reserve Price is fixed for both the above properties No.(i) & (ii) together.

BAANKNET Property ID: SBIN2000177994593

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SAMB BANGALORE-04209
Auction type
SARFAESI Auction
Borrower
M/s G***** N***** a** S** P** L**
Auction start
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Auction end
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EMD submission deadline
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Inspection
—
Authorised officer
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Officer contact
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Price Check

This listing's reserve price works out to ₹35,150 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,442 per sq ft, so this one is 50% 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 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 SBIN2000177994593)), 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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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