Bank Auction Flip45% Below Market
Dossier · BB-003
SARFAESI Auction — Sea-View Penthouse
Yelahanka New Town, Bengaluru · Distressed · Auction Dec 22
Price
₹6.15 Cr
Area
3,800 sqft
Yield
12.5%
Status
Auction Dec 22
§ Overview
A 3,800 sqft duplex penthouse acquired via SARFAESI auction at 45% below prevailing market. Requires a ₹90L refurbishment; underwriting supports a 16-month exit at 1.9x MOIC.
§ Highlights
- — 013,800 sqft duplex · 4 bed · terrace garden
- — 02SARFAESI reserve price 45% below CBRE valuation
- — 03Underwritten refurb budget ₹90L · 4-month schedule
- — 04Modeled exit: 16 months · 1.9x MOIC · 43% IRR
4 Beds
5 Baths
3,800 sqft
§ Gallery
§ Floor Plan
Indicative rendering · true-to-scale drawings issued on NDA
§ Document Tray
SARFAESI Auction Notice
PDF · 1.4 MB
Bank Valuation Report
PDF · 3.1 MB
Refurbishment BOQ
PDF · 2.7 MB
IRR Underwriting Memo
XLSX · 480 KB
Sample dossier · full unredacted document tray unlocks post NDA via the Investor Desk.
§ Site Visit
Book a viewing.
Chauffeured visits from anywhere in Bengaluru. Bring your own architect, valuer or legal counsel — every question welcomed.
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