216 sq m House for Auction in Bengaluru – Chola

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

216 sq m (≈ 2,325 sq ft)

Reserve price / sq ft

₹3,742

Locality

—

City

Bengaluru

State

Karnataka

Address

Description of the Property: All that part and parcel of House Property bearing Plot No. B-24 and Plot No. B-30, combined measuring 12 Mtrs 18 Mtrs. In all 216 Sq.Mtrs. Situated at Sector No. 86, Unit No. 2 Model B Navanagar, Bagalkot and bounded by: Boundaries of Plot No. B-24: East: Plot No. B-13. West: Road, North: Plot No. B-25, South: Plot No. B-23, Boundaries of Plot No. B-30: East: Plot No. B-07, West: Road, North: Plot No. B-31, South: Plot No. B-29, Within the registration district of Bagalkot Sub Registration office. (Physical 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

Yallappa I***** A*****

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 2407800

Price Check

This listing's reserve price works out to ₹3,742 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 47% 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 2407800), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹8,70,000 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.