Auction Conducted for 107 Defaulted Properties in Zone-1 & 2 – 2 Properties Bid in North Corporation

North Corporation conducted an auction process for 107 properties with pending property tax dues amounting to ₹2.49 crore. The auction was held at Yelahanka Mini Vidhana Soudha. Two properties were bid during the process, with one successfully finalized.

Key Details

• Authority: North Corporation

• Date: February 21

• Auction Venue: 3rd Floor Hall, Yelahanka Mini Vidhana Soudha, Near NES, Bengaluru – 560064

• Time: 3:00 PM onwards

• Total Defaulted Properties Listed: 107

• Total Property Tax Dues: ₹2.49 Crore

• Officials Present:

Additional Commissioner (Revenue)

• Joint Commissioners of Zone-1 & Zone-2

• Deputy Commissioners

Auction Highlights

• Over 10 bidders participated in the auction process.

• 2 properties from Zone-2 received bids.

Properties Bid

• Flat No. D-0901, 9th Floor, RMZ Residential Complex, Allalasandra

Property No: 1024/709/181/898/755/2/D-0901

• Area: 2087 sq.ft (SBA)

• Bid Amount: ₹84,60,000

• Outstanding Tax: ₹1,17,209

• Bidder: Smt. Kamala (W/o Sri Ramanjaneyalu)

• Status: DD submitted – Successfully purchased

• Property No: 125/242, Deshapatte Road, Yelahanka Old Town

Site Area: 989 sq.ft

• Built-up Area: 2069 sq.ft

• Bid Amount: ₹60,00,000

• Outstanding Tax: ₹1,53,377

• Status: DD not submitted – Auction Cancelled

• Property retained under Corporation custody

Remaining Properties

• No bidders came forward for the remaining properties.

• These properties remain under Corporation control.

• Further auction proceedings will be conducted in due course.

Who Is Affected

• Property tax defaulters in Zone-1 & Zone-2

• Prospective property bidders

• Residents within North Corporation jurisdiction