Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610642
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹70,51,000
EMD:₹7,05,100
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-06
Property Description
This offering presents a valuable opportunity to acquire a Land and Building property located in the well-connected area of Yellareddyguda, Hyderabad, Telangana. The asset is categorized as Residential. This property is being auctioned by Canara Bank under SARFAESI rules.
State:Telangana
City:Hyderabad
Area:Yellareddyguda
Asset Category:Residential
Full Address:8-3-572/C/2, House No. 8-3-572/C/2, Jaya Prakash Nagar, Imama guda, Padala ram Reddy Colny, Yellareddy guda, Yellareddyguda, Hyderabad
Size:89.72 sq yards
Auction Description
Canara Bank is conducting an online SARFAESI auction for a Land and Building property in Yellareddyguda, Hyderabad. The auction will take place on December 6, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at 70,51,000.00 INR, with an Earnest Money Deposit (EMD) of 7,05,100.00 INR required to participate. This is a prime opportunity for interested buyers to bid on this residential asset.
Borrower Name:Shri Reddy Masu Kranthi kumar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:No Encumbrances Known to Knowledge of the Bank
Why This Property
The property is a residential building in a known locality of Hyderabad, which offers a calculated investment opportunity. The reserve price seems reasonable, however, potential buyers should inspect the property and verify all legal aspects before participating in the auction. The symbolic possession status indicates a possible delay in acquiring physical possession.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
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