1,506 sq ft Commercial Building for Auction in Bengaluru – KVB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

1,506 sq ft

Reserve price / sq ft

₹1,01,594

Locality

—

City

Bengaluru

State

Karnataka

Pincode

570001

Address

All that piece and parcel of the Commercial/Industrial Land and building bearing Khata No. 408 formed in Sy No. 604/1A, 604/2 and 604/3, near Varuna water cannel, Siddalingapura Grama Panchayath, Kesare Grama, Kasaba Hobli, Bangalore Mysore Highway, Mysore 570 001 measuring land 67851 sq feet and building measuring 1506.40 sq feet; Bounded on: East By: Owners Remaining property West By: Mysore -Bangalore Highway Road North By: Cannel and Private Property and South By: Owners Remaining property View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Karur Vysya Bank

Branch

Bangalore J C Road Branch

Auction type

SARFAESI Auction

Borrower

M/s S** D**** R**

Auction start

06 Oct 2026, 12:00 PM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 12:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2404406

Price Check

This listing's reserve price works out to ₹1,01,594 per sq ft. The average across commercial bank auctions in Bengaluru on our site is ₹23,471 per sq ft, so this one is 333% above 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 2404406), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,53,00,000 before 05 Oct 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 6 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.