1,410 sq ft Flat for Auction in Bengaluru – SIB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,410 sq ft

Reserve price / sq ft

₹2,482

Locality

—

City

Bengaluru

State

Karnataka

Address

All that piece and parcel of residential flat bearing No E-305 measuring 1410 Square feet with VP Khata no 545/E.305(Old khata No 36/E-305 third floor along with terrace area in E Block along with Car parking area and proportionate undivided rights and rights over common areas and amenities in Apartment Complex by name 'Trinity Sunrise" in land in Sy No 37/1B and Sy 37/1C at Somapura Village, Sarjapura Hobli Anekal Taluk, Bangalore and the property is owned by Mr Basheer M M and Shamla KH under Sale deed 547/14-15 dt 14.05.2014 in SRO Sarjapur. The land is bounded by North: Property in Sy No 37, East: Property of Chowda Reddy, South: Road, West: Property of Pappa Reddy and others View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Sarjapura Branch

Auction type

SARFAESI Auction

Borrower

Mr B***** MM

Auction start

27 Oct 2026, 11:30 AM

Auction end

27 Oct 2026, 12:30 PM

EMD submission deadline

26 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2409394

Price Check

This listing's reserve price works out to ₹2,482 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 65% 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 2409394), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,50,000 before 26 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 27 Oct 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.