Bajaj Finance Limited has taken physical possession of a mortgaged property under the SARFAESI Act, 2002. The action follows the failure of borrowers M/s VV Timber Traders And Wood, Mr. C Varadaraju, and Ms. Nirmala Varadaraju to repay an outstanding amount of ₹3,13,39,635.44. The possessed asset is a 2,400 sq. ft. property (site No. 21) located at Gulladahallui Village, Yeshwanthapura Hobli, Bengaluru. The public and borrowers are cautioned against dealing with this property.