198.06 sq m House for Auction in Bengaluru – Chola

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

198.06 sq m (≈ 2,131 sq ft)

Reserve price / sq ft

₹2,721

Locality

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City

Bengaluru

State

Karnataka

Address

The immovable House bearing Gram Panchayath No. 148, its RDPR No.152000103500300639, Measuring E-W: 12.49 Mtr mulitple N-S: 15.84 Mtr 366.96 Sq. Meters, out of which Plinth Area Measuring 198.06 Sq. Meters, Situated in Land bearing Sy. No.56 of Hulikihal village, within the limits of Hulikihal Gram Panchayath, Tq: Karatagi, Dist: Koppal. East: Road, West: Property/House of Reddy Krishnamurthy, North: Hulikihal Main Road, South: Property/House of N. Satyanarayana. (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

Nekkanti S*****

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 2410414

Price Check

This listing's reserve price works out to ₹2,721 per sq ft. The average across residential bank auctions in Bengaluru on our site is ₹7,047 per sq ft, so this one is 61% 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 2410414), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹5,80,000 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.