445.15 sq m Commercial Building for Auction in Bengaluru – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

445.15 sq m (≈ 4,791 sq ft)

Reserve price / sq ft

₹257

Locality

—

City

Bengaluru

State

Karnataka

Address

All that part and parcel of land admeasuring 445.15 sq. mtrs (11 cents) along with building therein and all other constructions, improvements, easementary rights, right of way existing and appurtenant thereon situated in Sy. No. 62-11, PID No. 151100103300220334 of Mithabagilu Village. Belthangady Taluk, Dakshina Kannada District and owned by Mrs. Semeema, more fully described in Sale Deed No. 5657/2015-16 dated 30-03-2016 of Sub Registrar Office- Belthangady and bounded on,North: Sy No. 62-10 ; RoadEast: Sy No. 62-3South: Sy No. 158West: Sy No. 108 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461243

Price Check

This listing's reserve price works out to ₹257 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,471 per sq ft, so this one is 99% 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 461243), 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 6 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.