BanksAuctions.com logo

anksAuctions.com

CommercialUpcoming auction

Commercial

Reserve price
₹21.14 L
Auction date
22 Jan 2026
2:00 PM

Auction timeline

Auction starts
22 Jan 2026 at 2:00 PM
Auction ends
22 Jan 2026 at 6:00 PM

Property overview

Type
Commercial
Sub Type
Office
Property ID
BARBBLRC118
Auction ID
234761

Location details

Property Address
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.

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

EMD Schedule

EMD Start
12 Jan 2026
4:23 PM
EMD Deadline
22 Jan 2026
6:00 PM

Officer Details

Authorized Officer
GOVINDAPPA K
Authorised Officer - Scale - IV - CM
Dealing Officer
Govindappa K
Contact Number
9550074408

Auction Rules

Bid Increment
₹25,000
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
Bank
Verified seller
Branch: CITY MARKET - 8948

Bank contact

+91 95500 74408
Address
#18/1 , 1ST FLOORRANGASWAMY TEMPLE STREET