2,400 sq ft Land & Building for Auction in Bengaluru – Protium Finance Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

2,400 sq ft

Reserve price / sq ft

₹2,959

Locality

—

City

Bengaluru

State

Karnataka

Address

All that piece and parcel of land and building comprised in Site No.38 East-West 30 Feets, North-South 80 Fts, total measuring 2400 Sq Fts in Sy No.97/1, 97/2 97/3 at APMC Mundaragi, Mundaragi Taluka and District Gadag within the Subregistrar Jurisdiction in Mundaragi, and bounded as under. East by: Plot No 39, West by Plot No 37, North by: Road, South by Property of Water Board. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Protium Finance Limited

Branch

Goregaon E

Auction type

SARFAESI Auction

Borrower

Sri T*****

Auction start

13 Oct 2026, 11:00 AM

Auction end

13 Oct 2026, 02:00 PM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410155

Price Check

This listing's reserve price works out to ₹2,959 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,045 per sq ft, so this one is 58% 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 2410155), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,10,110 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹5,000.
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.