Plots in Matadahalli, Bengaluru: Authum Investment & Infrastructure auction

The reserve is ₹2,25,87,000 and the earnest-money deposit (EMD) is ₹22,58,700. The published submission deadline is 10 Dec 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.

Register on bankeauctions.com in advance. Submit the completed bid form and EMD proof in a sealed cover to Authum’s Bengaluru authorised officer by 10 December 2026, 5:00 PM IST.

The notice accepts its prescribed DD or NEFT/RTGS payment methods and screens bidders after receipt; only qualified bidders can enter the auction. Obtain the exact cover and supporting-document instructions from the signed notice and officer.

The lender’s sale notice says it has taken physical possession. The signed sale notice sets inspection for 5 December 2026, 11:00 AM–3:00 PM IST. Arrange access with the authorised officer. Ask Authum Investment & Infrastructure’s authorised officer before you pay the EMD.

Clause 14 requires 25% of the accepted price, including EMD, on the same day and the remaining 75% within 15 days from sale. Clause 17 instead describes the full price within 15 working days of acceptance.

These deadlines conflict; do not assume the longer period. Confirm the governing date in writing and prepare for the earlier deadline.

Default can forfeit the amount paid and lead to resale. Clause 8 calls the EMD refundable, but does not state interest treatment or a fixed refund timetable.

Clause 16 permits the authorised officer to grant further time in writing at the successful bidder’s request; it is discretionary, not automatic.

The buyer bears stamp duty, registration expenses and property dues under the notice. Its tax-deduction instruction requires 1% of the consideration to be deposited as applicable and the proof supplied before the sale certificate.

Verify title, encumbrances, actual dimensions, access and outstanding charges independently.

The signed table records physical possession on 7 September 2026. The sale carries no warranty of vacant delivery, condition or title and is subject to the authorised officer’s confirmation. The officer can reject or postpone the auction; published dimensions may differ from the site.

Bids rise by ₹50,000. A bid in the closing ten-minute period triggers a further ten-minute extension, with no stated limit. The displayed 1:00 PM IST close is scheduled.