1,200 sq ft Flat for Auction in Bengaluru – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

1,200 sq ft

Reserve price / sq ft

₹3,102

Locality

—

City

Bengaluru

State

Karnataka

Address

Flat No.301 (TF-1) (2 BHK), 3Rd Floor, "Wings - II" Apartment Measuring With A 1200 Square Feet Of Super Built-Up Area And 312 Square Feet OfUDS, Site No.52, Formed Out Of Converted Sy.No.354/3B1 And 354/3B2, Khatha No.622/A, Presently Comes Within The Limits Of Bruhat Bangalore Mahanagara Palike Ward No. 192 Bearing Bbmp Khatha No.2153/622A/52, Situated At Begur Village, Begur Hobli, Bangalore South Taluk, 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

MRS N*** S***

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 2397130

Price Check

This listing's reserve price works out to ₹3,102 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 56% 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 2397130), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,72,276 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.