A property in K R Nagar, Karnataka, listed by Encore Asset Reconstruction Company Private Limited under the SARFAESI Act, 2002. This is its second listing since Oct 2026, with the reserve down 1.7% on the first.
Registration is open now. Reserve ₹93.35 L, EMD ₹9,33,500. Registration and EMD close 17 Nov 2026, 3:00 PM IST.
First seen · Source: Encore Asset Reconstruction Company listing on bankeauctions.com; lender’s sale documents
Compiled from Encore Asset Reconstruction Company Private Limited’s listing 244809 and its linked sale documents on bankeauctions.com, checked on 2 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
The reserve is ₹93,35,000, with an EMD of ₹9,33,500. The published submission deadline is 17 Nov 2026, 3:00 PM IST. The highest bid is subject to acceptance under the sale notice. It is the second listing we have recorded; the first asked ₹95,00,000.
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 2 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Encore Asset Reconstruction Company Private Limited is selling a property in K R Nagar, Karnataka. Its sale notice says the lender has taken physical possession. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹93,35,000 and the notice EMD is ₹9,33,500. Submission closes 17 Nov 2026, 3:00 PM IST. The online auction is scheduled for 18 Nov 2026, 11:00 AM–1:00 PM IST. Bids rise in steps of ₹50,000, and a late bid extends the auction by 5 minutes, with no limit. Inspection is set for 11 Nov 2026, 10:00 AM–3:00 PM IST.
The lender has listed this property 2 times since 1 Oct 2026. The reserve is down 1.7% on the first listing.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Encore Asset Reconstruction Company has listed this property 2 times in our records, which start in May 2026. The earlier listings identify the same property. No result has been verified for those earlier rounds.
| Listing | Registration deadline | Reserve and EMD | Source |
|---|---|---|---|
| First listing | 27 Oct 2026 | Reserve ₹95,00,000 · EMD ₹9,50,000 | Listing 242350 |
| Current listing | 17 Nov 2026 | Reserve ₹93,35,000, down 1.7% · EMD ₹9,33,500 | Listing 244809 |
| Stage | Date | What it means | Source |
|---|---|---|---|
| Platform press date | 30 Oct 2026 | The listing’s press-release date for the lender’s sale notice | Listing 244809 |
| Second listing seen | 2 Nov 2026 | First seen on bankeauctions.com | Listing 244809 |
| Inspection | 11 Nov 2026, 10:00 AM–3:00 PM IST | The window the sale notice gives to see the property; arrange it with the lender | Sale notice |
| Registration and EMD close | 17 Nov 2026, 3:00 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 244809 |
| Online auction | 18 Nov 2026, 11:00 AM–1:00 PM IST | On bankeauctions.com. Bids rise in steps of ₹50,000, and a late bid extends the auction by 5 minutes, with no limit | Sale notice |
| Payment after acceptance | Notice-specific deadlines | Read the payment deadlines and conditions below; the lender’s documents set the dates. | Sale documents |
Read the requirements and risks from this lot’s sale documents, checked on 2 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Property at Municipal Assessment 1421/1365-1366 (old 946/803), Chandramoulishwara Road, K R Nagar town, Mysore district, Karnataka. The notice gives dimensions of 40 feet east–west by 100 feet north–south.
Boundaries: east, adjoining private property; west, Sri Jagadguru Yoganandeshwara Matta; north, Chandramoulishwara Road; south, Conservancy Galli.
Neighbours’ names left out for privacy.
The reserve is ₹93,35,000 and the earnest-money deposit (EMD) is ₹9,33,500. The published submission deadline is 17 Nov 2026, 3:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Submit the prescribed bid form, photo ID, PAN, address proof, EMD transfer proof/UTR and cancelled cheque; a company also needs board authority. Email the completed material to the authorised officer by 17 November, 3 PM IST.
EMD is by RTGS/NEFT under the notice’s instructions. A submitted bid cannot be withdrawn; the notice says the written form’s bid may be treated as final if online bidding fails.
Yes. This is the second listing BiddingPulse has recorded.
The first, with registration by 27 Oct 2026, asked ₹95,00,000; this one asks ₹93,35,000. This municipal property also appeared under an earlier Encore listing first recorded on 1 October 2026.
The 18 November offer is a later round for the same property; no earlier sale outcome is inferred.
The lender’s sale notice says it has taken physical possession. The lender’s sale notice sets inspection for 11 Nov 2026, 10:00 AM–3:00 PM IST. Ask Encore Asset Reconstruction Company’s authorised officer before you pay the EMD.
Pay 25% including EMD immediately when declared the highest bidder. Pay the remaining 75% within 15 days of sale confirmation, unless Encore grants a written extension. Default can forfeit deposited money and trigger resale. Unsuccessful EMD is returned without interest within seven working days.
The purchaser bears stamp duty, registration, transfer charges and all statutory and non-statutory dues, taxes, rates, assessment charges and fees. Independently check all known and unknown encumbrances.
Encore states physical possession has been taken after assignment from DCB Bank. Sale is as is where is, as is what is and without recourse. The authorised officer may reject, postpone or cancel; a notified public holiday shifts the event to the next working day.
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Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.
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