2,400 sq ft Land & Building for Auction in Bengaluru – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

2,400 sq ft

Reserve price / sq ft

₹6,667

Locality

—

City

Bengaluru

State

Karnataka

Address

All that part and parcel Residential plot bearing, Property plot No. 49494/A, TS No. 272/A5, municipal assessment no. 49495/A5, Situated at Ward No. 23, Mesh Road, Bellary, Bellary, Tq Bellary, Dist, Karnataka, Measurements: East-West: 40 feet, North South: 60 feetin total 2400 Sq. feet. Building Plinth Area 600sqfeet. Boundaries of schedule property: Direction-Property/Boundary: East: 272/A5/C, West: 272/A5, North: Road, South: 272B. (Symbolic Possession). 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

Zaheed J***** M*****

Auction start

29 Oct 2026, 11:00 AM

Auction end

29 Oct 2026, 01:00 PM

EMD submission deadline

28 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410417

Price Check

This listing's reserve price works out to ₹6,667 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 5% 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 (bankauctions.in (4Closure) · Listing 2410417), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹16,00,000 before 28 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 29 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.