Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.0
Auction ID:610698
Bank Name:State Bank of India
Branch Name:HOME LOAN CENTRE
Reserve Price:₹9,00,000
EMD:₹90,000
Bid Increment:₹5,000
Auction Time:12:00 Noon to 12.30 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-10
Bid Start Date:2025-11-11
Property Description
This is a SARFAESI auction for a car, held by the State Bank of India in Hyderabad, Telangana. The property is listed under the borrower name Mrs K. Archana Kasturi.
State:Telangana
City:Hyderabad
Area:Hyderabad
Asset Category:Vehicle Auctions
Full Address:Sri Ram Parking Yard, H.No. 18-34, MES Colony, Venkatapuram, Venkatapuram, Secunderabad
Auction Description
State Bank of India is conducting a SARFAESI auction for a car in Hyderabad. The auction will commence on November 11, 2025, at 12:00 PM and conclude at 12:30 PM on the same day. The reserve price for this auction is ₹9,00,000, with an Earnest Money Deposit (EMD) of ₹90,000 required.
Borrower Name:Mrs K. Archana Kasturi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This is a car auction; while cars depreciate quickly, the reserve price and EMD is relatively cheap. Due diligence is required to assess the car's condition and market value. The auction terms are standard, making it a calculated opportunity.
Contact Details
Branch:Branch Office : HOME LOAN CENTRE
Service Provider:bankeauctions.com / C1 India
Contact Details:
Asst. General Manager
Contact no: —
