1,800 sq ft Land & Building for Auction in Bengaluru – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

1,800 sq ft

Reserve price / sq ft

₹10,389

Locality

—

City

Bengaluru

State

Karnataka

Address

All that piece and parcel of the property bearing Site No. M6, BBMP Katha, SL.No.1258, Carved out of Converted land bearing Sy.No.34, in the layout known as "SILVER SPRINGS" Situated at Munnekolala Village, Varthur Hobli, Bangalore East Taluk, Presently within the limit of BBMP, Measuring 30X60 feet in all measuring 1800 Square feet and along with building Constructed thereon and bounded on: East by: Site No. A54, West by: Road, North by: Site No. B24 and Site No. M3, South by: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Lalbagh Road

Auction type

SARFAESI Auction

Borrower

Rajushetty C*****

Auction start

13 Oct 2026, 11:00 AM

Auction end

13 Oct 2026, 01:00 PM

EMD submission deadline

12 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2407851

Price Check

This listing's reserve price works out to ₹10,389 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 48% 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 (bankauctions.in (4Closure) · Listing 2407851), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹18,70,000 before 12 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.