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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.

Flat SARFAESI Auction Symbolic Possession

1,342 sq feet Flat for Sale (Bank Auction) in Bengaluru, Bengaluru – IOB

Bengaluru, Bengaluru, Karnataka · Auction ID #27158

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Flat photo 1
Indicative Price ₹44,92,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,342 sq feet

Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
1,342 sq feet (≈ 1,342 sq ft)
Reserve price / sq ft
₹3,347
Locality
Bengaluru
Pincode
560094
Address
Bengaluru, Karnataka, 560094 View on map

Description (as per sale notice)

PROPERTY IS UNDER PHYSICAL POSSESSION. Flat Bearing No. F303 on third Floor consists of 3bed rooms with plinth area measuring 1342 sq.ft in apartment building know as Sri Sai ShanthiNilaya and along with 230sq.ft of UDS in property no. 21, old khata no. 582/0/21, BBMP new khata no. 641/1/582/0/31/33/21, bbmp ward no. 08, kodigehalli village, yelahanka hobli, bangalore north.

BAANKNET Property ID: IOBA0201

Bank & Auction Details

Branch
BANGALORE-CITY ( MAIN )-11
Auction type
SARFAESI Auction
Borrower
RAGHUVEER G B***
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹3,347 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 52% 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 IOBA0201)), 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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