Auction date
14 Jul 2026, 5:00 PM
Reserve price
₹40,93,000
Area
1040 sq.ft
Location
560002
Published in
New Indian Express - Bengaluru
Published on
30 Jun 2026
UDS Share: 483 sq.ft
Description
Borrower: Shri Santosh Kumar, S/o Shri Ramchandra, Main Road, 3rd Stage, Banashankari, Bangalore-560085 Schedule A: A Property at No. 89, 3rd Stage, Banashankari, Bangalore, Karnataka, 560085. Description of the immovable secured assets to be sold: Reserve Price: Rs. 67,48,706 (Rupees Sixty Seven Lakhs Forty Eight Thousand Seven Hundred Six) only as on 29.06.2025. Schedule A: A Property at No. 89, 3rd Stage, Banashankari, Bangalore, Karnataka, 560085. Schedule B: The property is mortgaged by the borrower in favour of the bank under the terms of the loan agreement. Schedule C: The property is liable for auction under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Description of the Property: A Plot bearing Survey No. 421/1, Khatha No. 385/17/1, measuring 1 acre and 16 guntas (out of the total area of 1 acre and 30 guntas) of land situated at No. 89, 3rd Stage, Banashankari, Bangalore South Taluk, Bangalore Rural District and covered for the purposes of the National Urban Land Ceiling and Regulation Act, 1976. Bounded by: - East by: Land belonging to Sri. Narayanaswamy and Smt. Muniyamma, No. 87/1, 3rd Stage, Banashankari. - West by: Land belonging to Sri. Gopal Rao, No. 89/2, 3rd Stage, Banashankari. - North by: Land belonging to Sri. Basappa, No. 89/3, 3rd Stage, Banashankari. - South by: Land belonging to Sri. Basappa, No. 89/4, 3rd Stage, Banashankari. Schedule B: The property is mortgaged by the borrower in favour of the bank under the terms of the loan agreement dated 12.04.2004. Schedule C: The property is liable for auction under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.