1,445 sq ft Flat for Auction in Bengaluru – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

1,445 sq ft

Reserve price / sq ft

₹3,015

Locality

—

City

Bengaluru

State

Karnataka

Address

Flat No. 301 (3BHK), 2nd Floor "Richmond Lake View Residential Apartment, Having Super Built Up Area Of 1445Sq Ft And UDS Of 523 Sq Ft, Site Bearing No. 155 Carved Out Of Converted Vide Conversion Order BBMP No.ALN (AJ) S.R.150 2010-11 Dt11/2/2011 Sy No. 29/1 Situated At Ramakrishnapura Village, Jigani Hobli, Anekal Taluk Converted As Per The Order Of Deputy Commissioner, Bangalore And Flat Bounded On East By: Set Back, West By: Flat No-332, North By: Road & South By: Corridor. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Bangalore Branch

Auction type

SARFAESI Auction

Borrower

M B A*****

Auction start

30 Sep 2026, 03:00 PM

Auction end

30 Sep 2026, 04:00 PM

EMD submission deadline

29 Sep 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2397125

Price Check

This listing's reserve price works out to ₹3,015 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 57% 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 2397125), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹4,35,690 before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 2026 starting above the reserve price, in multiples of ₹10,000.
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.