4 acre Commercial Building for Auction in Bengaluru – The Karnataka State Co operative Apex Bank Ltd

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

4 acre (≈ 1,74,240 sq ft)

Reserve price / sq ft

₹615

Locality

—

City

Bengaluru

State

Karnataka

Address

1) Item No.1 All that piece and parcel of the land bearing Sy No 97, measuring 4 Acres. 2 Guntas, situated at Bhangoor Village, Bidar Taluk and District and bounded on East by Land belonging to Md Ismail Sindolkar, West by Land belonging to Sangaramappa and Basavanappa Wall, North by Land belonging to Vaijnath and Gaudappa Mali Patil, South by Land in Sy No 99 of Bhangoor, belonging Papayya Barber 2) Item No.2: All that piece and parcel of the land bearing Sy No 99, measuring 3 Acres 3 Guntas, situated at Bhangoor Vilage, Bidar Taluk and District and bounded on East by Bhangoor Tank West by Land of Basavanappa Wai, North by Land in Sy.No. 97 of Bhangoor belonging to Veershetty South by : Lands of Ramana Kalbemalgi and Chand Khan & Others 3) Item No.3: Hypothecation regarding Plant and Machinery Registered deed of hypothecation regarding plant and machinery dated 01.02.2019, registered on 03.06.2019 as Document No. BDR-4-00022-2019-20 of Book-IV stored in CD No BORD 320. before the Senior Sub-register Bidar Executive By M/s Shiv Shakti Sugar Mills ( india) Pvt Ltd in favour of the KSC Apex Bank Ltd View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

The Karnataka State Co operative Apex Bank Ltd

Branch

Chamarajpet

Auction type

SARFAESI Auction

Borrower

M/s S*** S***** S**** M*** I**** P** L**

Auction start

12 Oct 2026, 11:30 AM

Auction end

12 Oct 2026, 12:30 PM

EMD submission deadline

09 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2389185

Price Check

This listing's reserve price works out to ₹615 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,471 per sq ft, so this one is 97% 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 2389185), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹50,00,000 before 09 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 12 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
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.