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Residential in BANGALORE

BANGALORE, Bengaluru

Reserve price
₹1.20 Cr
Auction date
04 Mar 2026
10:30 AM
EMD deadline
09 Oct 2025
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Residential Site No 5, carved out of sy no 29/13 of Mayagananahalli Village, Kasaba hobli, Ramanagaram Taluk, V P Katha No 571-5-29/13, Measuring 8000 sqft standing in the name of Sri Ramesh Aithal and K Shantahrama Holla.
Locality: BANGALORE
City: Bengaluru
District: Bengaluru Urban
State: Karnataka
Pin Code: 562128
Country: India
Nearest Airport / Railway Station / Bus Stand
BANGALROE
Carpet Area: 8000 sq ft
Unit of Measure: square feet
View on Google Maps

Auction timeline

Auction starts
04 Mar 2026 at 10:30 AM
Auction ends
04 Mar 2026 at 11:00 AM
EMD submission deadline
09 Oct 2025 at 5:00 PM

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

Property overview

Type
Residential
Sub Type
Plot
Area
8000 sq ft
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.35 Cr
Property Identifiers
Bank Property ID
CNRB20114722
Collateral ID
20114747

Property Images

Price history

19 previous auctions
₹1.6Cr7 Aug₹1.6Cr₹1.6Cr₹1.6Cr₹1.6Cr₹1.6Cr₹1.5Cr₹1.4Cr₹1.3Cr₹1.2Cr₹1.2CrNow↓ 25.0% down
₹1,20,00,000.00
6 Feb 2026
Residential
Canara Bank logoCanara BankPossession: Symbolic
₹1,25,00,000.00
6 Jan 2026
Residential
Canara Bank logoCanara BankPossession: Symbolic
₹1,25,00,000.00
9 Dec 2025
Residential
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
AMBIKA ELECTRONICS
Registered Address of Borrower
Ground Floor no 952 A sunder Mahal 14th Cross Hoskerahalli Girinagar Banglore 560085
Owner
MR RAMESH AITHAL
Ownership of Property
Borrower
NPA Amount
₹41.48 Cr
NPA Date
23 Aug 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
20114747
Customer ID
201147225
Demand Notice
Notice Date
10 Nov 2022
Notice Amount
₹41.48 Cr
Asset Classification
Classification Date
23 Aug 2023
Classification ID
1
Possession Dates
Symbolic
18 Jan 2023

Additional details

Description
Residential Site No 5, carved out of sy no 29/13 of Mayagananahalli Village, Kasaba hobli, Ramanagaram Taluk, V P Katha No 571-5-29/13, Measuring 8000 sqft standing in the name of Sri Ramesh Aithal and K Shantahrama Holla.

EMD Schedule

EMD Start
13 Feb 2026
11:21 AM
EMD Deadline
03 Mar 2026
5:00 PM
Payment Deadline
09 Oct 2025

Inspection Schedule

Inspection Start
25 Feb 2026
11:00 AM
Inspection End
25 Feb 2026
2:00 PM

Officer Details

Authorized Officer
Ranjan Kumar
Authorised Officer - Scale - IV - CM
Dealing Officer
RAJKUMAR

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 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
20114747
Property ID
CNRB20114722

Nearby Amenities

Nearest Station
BANGALROE
Canara Bank logo
Canara Bank
Verified seller
Branch: BENGALURU SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999+91 85084 42767
Branch Address
#86, Spencer Towers, II Floor, M G Road
Branch IFSC
CNRB0002366
Department
BENGALURU SPECIALISED ARM BRANCH