Schedule ‘A’ Property: Property bearing No 25/1, presently bearing No 1 situated at III Cross, adjacent to Narasimharaja Road, Bangalore, admeasuring East to West on the Northern Side 106 Feet and on the southern Side 109 Feet and North to South by 61 Feet, totally measuring 6558 Sq Ft.
Schedule ‘B’ Property: Commercial Unit No. 1/2 Municipal New No.1/42, P.I.D No 47-60-1/42, on the fourth floor of the building known as NAAZ COMPLEX constructed as Schedule-A property in terms of the sanctioned plan vide LP No.364/86- 87, dtd 04.03.1989 consisting of hall and a common toilet, along with common areas, facilities and amenities attributable thereto with a super built up area of 335.8 Sq Ft together with 93.8/6558 share of undivided interest in the schedule-A property equivalent to 93.8 Sq Ft. The building is of RCC with mosaic flooring, jungle wood and steel windows and bounded by: East by: Property of Mr Zia-Ur-Rehaman, West by: Office No 11, North by: Passage, South by: Open Space.
City:Bengaluru
District:Bengaluru Urban
State:Karnataka
Pin Code:560002
Country:India
Auction timeline
Auction starts
12 Mar 2026 at 2:00 PM
Auction ends
12 Mar 2026 at 6:00 PM
EMD submission deadline
29 Oct 2025 at 2:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Office
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹23.49 L
Property Identifiers
Bank Property ID
BARBBLRC118
Property Images
Price history
4 previous auctions
₹21,14,100.00
22 Jan 2026
Commercial
Bank of BarodaPossession: Physical
₹23,49,000.00
29 Oct 2025
Commercial
Bank of BarodaPossession: Physical
₹26,10,000.00
22 May 2025
Commercial
Bank of BarodaPossession: Physical
Borrower & Loan details
Borrower Name
GANDHI IRON AND STEEL COMPANY
Registered Address of Borrower
No.44/1, New Gangammachari Street, Moti Nagar, City Market, Bangalore-560002
Owner
JITENDRA GANDHI
Ownership of Property
Borrower
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
AK3V08030
Possession Dates
Physical
15 Feb 2025
Additional details
Description
Commercial Unit No. 1/2 Municipal New No.1/42, P.I.D No 47-60-1/42, on the fourth floor of the building known as NAAZ COMPLEX constructed as Schedule-A property in terms of the sanctioned plan vide LP No.364/86- 87, dtd 04.03.1989 consisting of hall and a common toilet, along with common areas, facilities and amenities attributable thereto with a super built up area of 335.8 Sq Ft together with 93.8/6558 share of undivided interest in the schedule-A property equivalent to 93.8 Sq Ft.