Auction Closed · Scheduled Auction Date Passed (24 Sept 2026)

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Residential Auction in Bangalore | City Union Bank Ltd Auction

Residential Site No.67/A, Sampige Layout, Yeshwanthpura, Bangalore - B.Shekar · Reserve price ₹ 3,16,00,000 · Auction on 24 Sept 2026

Reserve price

₹ 3,16,00,000

EMD

₹ 31,60,000

Auction date

24 Sept 2026

Status

Ended

Bank

City Union Bank Ltd

Possession

symbolic

Photos do not establish property condition or title. Confirm the location, inspection window, terms and latest sale notice directly with the selling authority before paying EMD.

Property details

Property Type
Residential
Description
E-Auction sale of immovable property mortgaged to City Union Bank, Bengaluru-Indira Nagar Branch. Recovery of Rs.2,66,97,883/- as on 07.09.2026. Bank has extended financial assistance under two term loans (OSB CTERM EMI-BR:5018120801031(671) dated 21-09-2015 and 501812080013174 dated 21-09-2015) with outstanding balances as on 11-08-2026 of Rs.64,83,000/- and Rs.1,59,26,791/- respectively, plus interest and penalty. Portal: www.auctionbazaar.com.
Area
1585 sq.ft
Possession
symbolic
Locality
Bangalore
Full Address
Site No.67/A, Assessment No.47/1 (Survey No.47/1), Katha No.231, BBMP Katha No.13, PID No.36-150-13, Sampige Layout, Malagala Village, Yeshwanthpura Hobli, Bangalore North Taluk

Bank & auction terms

Auction ID
AX-0YHMT2N
Bank / Authority
City Union Bank Ltd
Reserve Price
₹ 3,16,00,000
EMD Amount
₹ 31,60,000
Auction Date
24 Sept 2026
Auction Time
12:00
Borrower Name
Mr.B.Shekar S/o M.Basavaraju and Co-obligants/Guarantors (Mrs.Vanitha Prasanth and others)
Bank Contact Details
8925964898, s.senthilkumar@cityunionbank.in

Auction documents

  • Sale noticesale notice

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