51.09 sq m Land & Building for Auction in Bengaluru – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

51.09 sq m (≈ 549 sq ft)

Reserve price / sq ft

₹6,364

Locality

—

City

Bengaluru

State

Karnataka

Address

Description of the Property: All that piece and parcel of Residential Property bearing computerised extract its RDPR No. 150400302500120131 and its Gram Panchayat record its Property No.588, Measuring East West: 15.24 Meters North South: 3.35 Meters is equivalent to 51.09 Sq. Meters, consisting of RCC Building with total built up area Measuring: 51.09 Sq. Meters thereon, 01 Gunta 08 Anas from out of R.S. No.376/4, situated at Belgundi Village, Taluk District: Belagavi, which is coming within the limits of Gram Panchayat of Belgundi Village Taluk District Belagavi and within the jurisdiction of Sub-Registrar of South Belagavi the bounded by as follows: East: 30 Feet Wide Road, West: Property of Shri. Jotiba Gavada, North: Property of Shri. Monappa Bagilgekar and South: Property of Shri. Narayan Zangaruche View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Lalbagh Road

Auction type

SARFAESI Auction

Borrower

Nagesh S***** K****

Auction start

13 Oct 2026, 11:00 AM

Auction end

13 Oct 2026, 01:00 PM

EMD submission deadline

12 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2407775

Price Check

This listing's reserve price works out to ₹6,364 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,011 per sq ft, so this one is 9% 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 2407775), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,50,000 before 12 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.