Land & Building SARFAESI Auction Symbolic Possession

559.74 sq ft Land & Building for Auction in Bengaluru – Chola

Bengaluru, Karnataka · Auction ID #76953

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Reserve Price ₹1,31,00,000
EMD (Earnest Money)₹13,10,000
Bid Increment₹1,00,000
Auction Date 06 Oct 2026, 11:00 AM In 6 days
EMD Last Date 05 Oct 2026, 05:30 PM In 5 days
Area559.74 sq ft

Property Details

Property type
Land & Building (Residential)
Possession
Symbolic Possession
Area
559.74 sq ft
Reserve price / sq ft
₹23,404
Locality
—
Address
Description of the Property: All that piece and parcel of Property Bearing New Municipal No. 22, PID No. 29-113-22, previously Property No. 22, situated at Shankara Devara Galli, 3rd Cross, Manavarthipet, Bangalore, presently within the limits of BBMP, BBMP Ward No. 120, and bounded on: East by: Property No. 21, West by: Property No. 23. North by: Road, South by: Property No.24/1. Measuring East to West, 15'02" Feet, and North and South (37'8"+25'8")/2, in all measuring 559.736 Square Feet and along with building constructed thereon. (Symbolic Possession) View on map

Description (as per sale notice)

all measuring 559.736 Square Feet and along with building. Description of the Property: All that piece and parcel of Property Bearing New Municipal No. 22, PID No. 29-113-22, previously Property No. 22, situated at Shankara Devara Galli, 3rd Cross, Manavarthipet, Bangalore, presently within the limits of BBMP, BBMP Ward No. 120, and bounded on: East by: Property No. 21, West by: Property No. 23. North by: Road, South by: Property No.24/1. Measuring East to West, 15'02" Feet, and North and South (37'8"+25'8")/2, in all measuring 559.736 Square Feet and along with building constructed thereon. (Symbolic Possession)

Bank & Auction Details

Branch
Lalbagh Road, Bangalore Branch
Auction type
SARFAESI Auction
Borrower
Bangalore M***** R** S*****
Auction start
06 Oct 2026, 11:00 AM
Auction end
06 Oct 2026, 01:00 PM
EMD submission deadline
05 Oct 2026, 05:30 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹23,404 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 234% 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 2373857), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹13,10,000 before 05 Oct 2026, 05:30 PM. It is refunded if you don't win.
  5. Bid online on 6 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.

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 Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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