HUDCO Announces E-Auction of Immovable Property in Bengaluru
New Delhi, March 7, 2026, Housing and Urban Development Corporation Limited (HUDCO), a Government of India Enterprise, has announced an e-auction of immovable property in Bengaluru under the provisions of the SARFAESI Act, 2002. This digital auction offers investors and stakeholders a chance to acquire prime property through a transparent and competitive bidding process.
Key Details of the E-Auction
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Location: Bengaluru, Karnataka
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Reserve Price: ₹11,95,77,636
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Earnest Money Deposit (EMD): ₹1,19,57,754
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Property Inspection Date: 23 March 2026 | 11:00 AM – 4:00 PM
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Last Date for Bid Submission: 27 March 2026 | 5:00 PM
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Online E-Auction Date: 30 March 2026 | 11:00 AM – 3:00 PM
Interested bidders can participate via HUDCO’s e-auction portal and are encouraged to review the detailed notice for complete terms and conditions.
HUDCO’s Commitment
HUDCO emphasizes transparent asset monetisation and responsible financial governance, aiming to provide fair opportunities for investors while ensuring regulatory compliance. The e-auction initiative reflects the corporation’s focus on efficient utilisation of assets and promoting investor confidence.