985 sq ft Flat for Auction in Bengaluru – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

985 sq ft

Reserve price / sq ft

₹3,806

Locality

—

City

Bengaluru

State

Karnataka

Address

Flat No.F2 (2 BHK), 1St Floor, "SPS Bite" Apartment Measuring With A Super Built-Up Area Of 985 Square Feet Together With 246 Sq. Feet Of UDS, House List No. 72, Old Khatha No.33/1, Present BBMP Khatha No. 1044/72, In Converted Land Bearing Sy.No.33/1, (Duly Converted For Non-Agricultural Residential Purposes As Per Official Memorandum Bearing No.B.DIS. ALN.SR(S)/347/96-97, Dated: 28-04-1997, Issued By The Special Deputy Commissioner, Bangalore District, Bangalore), Situated At Vasanthapura Village, Uttarahalli Hobli, Bangalore South Taluk, Presently Comes Within The Limits Of Bruhat Bangalore Mahanagara Palike, Vasanthapura Ward No. 197, Vasanthapura, Bangalore. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Electronic City

Auction type

SARFAESI Auction

Borrower

MR. P***** R**** Y****

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 2397132

Price Check

This listing's reserve price works out to ₹3,806 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 46% 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 2397132), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,74,928 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.