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CommercialUpcoming auctionVerified listing

Commercial in Bengaluru

Bengaluru

Reserve price
₹7.21 Cr
Auction date
17 Mar 2026
11:00 AM
EMD deadline
16 Mar 2026
4:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
#S2,2ND FLOOR ,GEM PLAZA,NO.66,INFANTRY ROAD,SHIVAJI NAGAR,BANGALORE-560001
City: Bengaluru
District: Bengaluru Urban
State: Karnataka
Pin Code: 560001
Country: India

Auction timeline

Auction starts
17 Mar 2026 at 11:00 AM
Auction ends
17 Mar 2026 at 12:00 PM
EMD submission deadline
16 Mar 2026 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹7.21 Cr
Property Identifiers
Bank Property ID
CNRBVRRAQUA1145
Collateral ID
32639554327002

Property Images

Borrower & Loan details

Borrower Name
BUDHARAJU VENKATA RAVI KUMAR RAJU
Registered Address of Borrower
RAJU 48 M 456 1ST BLOCK HRBR LAYOUT KALYANANGAR 4TH CROSS BENGALURU-560043
Ownership of Property
Borrower
NPA Amount
₹6.40 Cr
NPA Date
09 Nov 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
32639554327002
Customer ID
326395543
Possession Dates
Symbolic
12 Jan 2026

Additional details

Description
Schedule ‘A’ Property: All that piece and parcel of the property bearing No.66,situated at Infantry Road, Civil Station, Division No.70, Bangalore 560001, with the entire commercial complex thereon and known as “Gem Plaza”, and bounded as follows, East by: Property bearing No.67 ,Infantry Road West by: Property bearing No.64, Infantry Road North by: Property facing Hospital Road South by: Infantry Road Measuring East to West 210’(64 mts) on the eastern side and 218’6”(66.59 mts) on the Southern side and North to South 234’(71.32 mtrs) on the Eastern side and 200’4”(61.06 mtrs) on the Western side, in all about 50,150 square feet or 4,659 square meters. Schedule ‘B’ Property: All that piece and parcel of the contiguous units bearing Nos S-8(a) & S-8(b), BBMP No.66/56, PID No.79-43-66/56, & S-9 (a) & S-9(b), BBMP no.66/57, PID No.79-43-66/57, in the Second floor of the Schedule ‘A’ property, with a total super built area of 2,832 sq.ft and undivided share and interest in the land equivalent to 934.56 sq.ft, out of a total land area of 50,156 sq.ft with three open car parks bearing Nos. 56, 67 & 68 in the ground floor.

EMD Schedule

EMD Start
16 Feb 2026
4:35 PM
EMD Deadline
16 Mar 2026
4:00 PM
Payment Deadline
16 Mar 2026

Inspection Schedule

Inspection Start
16 Mar 2026
10:00 AM
Inspection End
16 Mar 2026
4:00 PM

Officer Details

Authorized Officer
A DURAIMURUGAN
CHECKER
Dealing Officer
CHANDRAPRAKASHA

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹5
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
32639554327002
Property ID
CNRBVRRAQUA1145
Canara Bank logo
Canara Bank
Verified seller
Branch: BENGALURU RAJAJINAGAR I BLOCK-1145
IFSC: CNRB

Bank contact

+91 94835 31145+91 90608 37573
Branch Address
P B No.1014, 385, 19th Main Rajajinagar I Block,
Branch IFSC
CNRB0001145
Department
BENGALURU RAJAJINAGAR I BLOCK-1145