2,400 sq ft House for Auction in Bengaluru – Chola

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

2,400 sq ft

Reserve price / sq ft

₹4,167

Locality

—

City

Bengaluru

State

Karnataka

Pincode

585326

Address

Description of the Property: All that Part and parcel of Residential house Property City Municipal Council bearing Karnataka and bounded by: TP No.15/13 SL No. 1206 land Sy No.94, measuring Land Area is 2400 Sq. ft. BUA area is Ground floor 1400 Sq. feet Situated at TP No.15/13 SL No. 1206 land Sy No.94 of Aurad B Town, Tq. Aurad B. Dist. Bidar-585326, Karnataka. East by: House of Ekanath Sio Pundlikrao Dhanne, West by: House of Ashok Deshpande, North by: House of Suryakanth and Gangara, South by: TMC Road of 30 Feet. Within the Registration District of Bidar and Aurad B Sub Registration Office. (Symbolic Possession) 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

Ambadas N

Auction start

29 Oct 2026, 11:00 AM

Auction end

29 Oct 2026, 01:00 PM

EMD submission deadline

28 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410324

Price Check

This listing's reserve price works out to ₹4,167 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 41% 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 2410324), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,00,000 before 28 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 29 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.