Commercial Building SARFAESI Auction

51.09 sq m Commercial Building for Auction in Bengaluru – Chola

Bengaluru, Karnataka · Auction ID #77706

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Reserve Price ₹35,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Oct 2026 In 13 days
EMD Last Date —
Area51.09 sq m

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
51.09 sq m (≈ 549 sq ft)
Reserve price / sq ft
₹6,364
Locality
—
Address
Description of the Property: All that piece and parcel of Residential Property bearing computerised extract its RDPR No. 150400302500120131 and its Gram Panchayat record its Property No.588, Measuring East West: 15.24 Meters North South: 3.35 Meters is equivalent to 51.09 Sq. Meters, consisting of RCC Building with total built up area Measuring: 51.09 Sq. Meters thereon, 01 Gunta 08 Anas from out of R.S. No.376/4, situated at Belgundi Village, Taluk District: Belagavi, which is coming within the limits of Gram Panchayat of Belgundi Village Taluk District Belagavi and within the jurisdiction of Sub-Registrar of South Belagavi the bounded by as follows: East: 30 Feet Wide Road, West: Property of Shri. Jotiba Gavada, North: Property of Shri. Monappa Bagilgekar and South: Property of Shri. Narayan Zangaruche View on map

Description (as per sale notice)

Description of the Property: All that piece and parcel of Residential Property bearing computerised extract its RDPR No. 150400302500120131 and its Gram Panchayat record its Property No.588, Measuring East West: 15.24 Meters North South: 3.35 Meters is equivalent to 51.09 Sq. Meters, consisting of RCC Building with total built up area Measuring: 51.09 Sq. Meters thereon, 01 Gunta 08 Anas from out of R.S. No.376/4, situated at Belgundi Village, Taluk District: Belagavi, which is coming within the limits of Gram Panchayat of Belgundi Village Taluk District Belagavi and within the jurisdiction of Sub-Registrar of South Belagavi the bounded by as follows: East: 30 Feet Wide Road, West: Property of Shri. Jotiba Gavada, North: Property of Shri. Monappa Bagilgekar and South: Property of Shri. Narayan Zangaruche

Bank & Auction Details

Branch
—
Auction type
SARFAESI Auction
Borrower
—
Auction start
13 Oct 2026
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹6,364 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,471 per sq ft, so this one is 73% 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 (AuctionTiger · Auction ID 464313), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on 13 Oct 2026 starting above the reserve price.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Cholamandalam Investment and Finance Company. Always verify every detail with the official notice and the authorised officer before paying any money.

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