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Commercial in Bengaluru

Bengaluru

Reserve price
₹21.14 L
Auction date
12 Mar 2026
2:00 PM
EMD deadline
29 Oct 2025
2:00 PM
Bid increment
₹25,000.00

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.
City: Bengaluru
District: Bengaluru Urban
State: Karnataka
Pin Code: 560002
Country: India

Auction timeline

Auction starts
12 Mar 2026 at 2:00 PM
Auction ends
12 Mar 2026 at 6:00 PM
EMD submission deadline
29 Oct 2025 at 2:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹23.49 L
Property Identifiers
Bank Property ID
BARBBLRC118

Property Images

Price history

4 previous auctions
₹29.0L25 Mar₹23.5L₹21.1LNow 27.1% down
₹21,14,100.00
22 Jan 2026
Commercial
Bank of Baroda logoBank of BarodaPossession: Physical
₹23,49,000.00
29 Oct 2025
Commercial
Bank of Baroda logoBank of BarodaPossession: Physical
₹26,10,000.00
22 May 2025
Commercial
Bank of Baroda logoBank of BarodaPossession: Physical

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
Owner
JITENDRA GANDHI
Ownership of Property
Borrower
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
AK3V08030
Possession Dates
Physical
15 Feb 2025

Additional details

Description
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.

EMD Schedule

EMD Start
27 Feb 2026
12:11 PM
EMD Deadline
12 Mar 2026
2:00 PM
Payment Deadline
29 Oct 2025

Officer Details

Authorized Officer
GOVINDAPPA K
Authorised Officer - Scale - IV - CM
Dealing Officer
Govindappa K

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
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
BARBBLRC118
Bank of Baroda logo
Bank of Baroda
Verified seller
Branch: CITY MARKET - 8948
IFSC: BARB

Bank contact

+91 999 999999+91 95500 74408
Branch Address
#18/1 , 1ST FLOORRANGASWAMY TEMPLE STREET
Branch IFSC
BARB0VJCMBA
Department
CITY MARKET - 8948