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Commercial Building SARFAESI Auction

787 sq m Commercial Building for Auction in Bengaluru – Bajaj Housing

Bengaluru, Karnataka · Auction ID #79541

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Reserve Price ₹21,49,000
EMD (Earnest Money)₹2,14,900
Bid Increment₹25,000
Auction Date 15 Oct 2026, 11:00 AM In 13 days
EMD Last Date 14 Oct 2026, 05:00 PM In 12 days
Area787 sq m

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
787 sq m (≈ 8,471 sq ft)
Reserve price / sq ft
₹254
Locality
—
Address
Schedule - A: All that piece and parcel of immovable property/ land in the layout formed by The Karnataka Housing Board at Suryanagar Project, in land bearing various survey numbers of Iggaluru Banahalli Village, Attibele Hobli, Anekal Taluk, Bangalore Urban District, measuring approximately 283 Acres and acquired under Three Notifications viz., KA GRU MUM/BHOO SVAA VI 1/15/98-99, dated 14.01.1999, KA GRU MUM/BHOO SVAA VI 1/13/98-99, dated 14.01.1999 and KA GRU MUM/BHOO SVAA VI 2/90-91, dated 10.10.1990. East to West 21.50Mtrs., North to South 36.65 Mtrs., And having a total area of 787.98 Sq. Mtrs and bounded East by: Block No.9, LIG Type-2, West by: Block No.7, LIGType-2, North by: Pathway& Block No.3 LIG Type-2, South by: Road. Schedule - B: The Vendor having sold 1/(23+1shop) undivided interest in all of above property to the Purchaser. Schedule-C: All those premises being a Residential Apartment / Apartment / Tenement bearing No.105 L2 B8 on the First Floor of Block No.8, LIG Type-2, consisting of 23 and 1 shop, residential apartments in the multistoried building block constructed on the property described in schedule 'A' hereto (including one half portion in depth of the joints between the ceiling of the apartment and floor of the apartment above it and internal wall and external wall between such levels). Bounded On: The East By: Flat No.102 L2 B9, The West By: Entrance Lobby, The North By: Flat No.104 L2 B8 & O.S., The South By: Flat No.106 L2 B8 & O.S., Containing on View on map

Description (as per sale notice)

Shop, Residential Flats area 787 Sq Mtrs. Schedule - A: All that piece and parcel of immovable property/ land in the layout formed by The Karnataka Housing Board at Suryanagar Project, in land bearing various survey numbers of Iggaluru Banahalli Village, Attibele Hobli, Anekal Taluk, Bangalore Urban District, measuring approximately 283 Acres and acquired under Three Notifications viz., KA GRU MUM/BHOO SVAA VI 1/15/98-99, dated 14.01.1999, KA GRU MUM/BHOO SVAA VI 1/13/98-99, dated 14.01.1999 and KA GRU MUM/BHOO SVAA VI 2/90-91, dated 10.10.1990. East to West 21.50Mtrs., North to South 36.65 Mtrs., And having a total area of 787.98 Sq. Mtrs and bounded East by: Block No.9, LIG Type-2, West by: Block No.7, LIGType-2, North by: Pathway& Block No.3 LIG Type-2, South by: Road. Schedule - B: The Vendor having sold 1/(23+1shop) undivided interest in all of above property to the Purchaser. Schedule-C: All those premises being a Residential Apartment / Apartment / Tenement bearing No.105 L2 B8 on the First Floor of Block No.8, LIG Type-2, consisting of 23 and 1 shop, residential apartments in the multistoried building block constructed on the property described in schedule 'A' hereto (including one half portion in depth of the joints between the ceiling of the apartment and floor of the apartment above it and internal wall and external wall between such levels). Bounded On: The East By: Flat No.102 L2 B9, The West By: Entrance Lobby, The North By: Flat No.104 L2 B8 & O.S., The South By: Flat No.106 L2 B8 & O.S., Containing one kitchen, one hall, Two Bed Rooms, one bath and toilet, approximately measuring 57.85 Sq.Mtrs., super built-up area of Mosaic Flooring and joint undivided interest / ownership in the common space, passages, pipes drains and staircase

Bank & Auction Details

Branch
Jayanagar Branch
Auction type
SARFAESI Auction
Borrower
Thirumal A
Auction start
15 Oct 2026, 11:00 AM
Auction end
15 Oct 2026, 12:00 PM
EMD submission deadline
14 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹254 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,442 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 (bankauctions.in (4Closure) · Listing 2396876), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹2,14,900 before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 15 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
  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.

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 Bajaj Housing Finance. Always verify every detail with the official notice and the authorised officer before paying any money.

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