BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in Bengaluru

Bengaluru

Reserve price
₹2.67 Cr
Auction date
16 Mar 2026
11:00 AM
EMD deadline
16 Mar 2026
12:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
present Municipal Number.1/1, PID No.10-15-1/1, situated at 7th Cross Road, RMC Yard, Bangalore
City: Bengaluru
District: Bengaluru Urban
State: Karnataka
Pin Code: 560022
Country: India

Auction timeline

Auction starts
16 Mar 2026 at 11:00 AM
Auction ends
16 Mar 2026 at 2:00 PM
EMD submission deadline
16 Mar 2026 at 12:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.67 Cr
Property Identifiers
Bank Property ID
IDIB6014701350F

Property Images

Borrower & Loan details

Borrower Name
M/s Sai Lakshmi Constructions (Borrower)
Registered Address of Borrower
M/s Sai Lakshmi Constructions (Borrower), Pamulavaripalem(V) Chinthopu, Indukurpet (M), SPSR Nellore, AP 524314
Co-Borrower(s)
Mr. Duttapati Parandhama Reddy (Partner),Mrs. Duttapati Dharuni Bharathi (Partner),Mr. Duttapati Sai Krishna (Partner),Mr. Duttapati Sai Sravan Kumar (Partner),Mrs. Nellore Sai Sumalatha (Partner)
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
3042955280
Possession Dates
Symbolic
05 Jul 2022

EMD Schedule

EMD Start
28 Feb 2026
7:01 PM
EMD Deadline
16 Mar 2026
12:00 PM
Payment Deadline
16 Mar 2026

Inspection Schedule

Inspection Start
01 Mar 2026
11:00 AM
Inspection End
13 Mar 2026
12:00 PM

Officer Details

Authorized Officer
PARMAR MANISH KUMAR DINESHBHAI
Authorised Officer - Scale - IV - CM
Dealing Officer
Mr. V N S GAUTHAM KUMAR V

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IDIB6014701350F
Indian Bank logo
Indian Bank
Verified seller
Branch: NELLORE - 54
IFSC: IDIB

Bank contact

+91 86123 45748+91 94906 90253
Branch Address
NEAR GANDHI STATUE, SAI VISWANATHA SHOPPING COMPL, FIRST FLOOR, TRUNK ROAD, NELLORE, SPSR NELLORE DISTRICT
Branch IFSC
IDIB000C026
Department
NELLORE - 54