Representative illustration — Commercial Property bank auction in Asif Nagar
Representative illustration — not the actual property photograph.
Commercial Property Commercial Symbolic possession Fair Option

Commercial Property for Auction Asif Nagar Karimnagar 3.7 Crore by Karnataka Bank 17 Jun 2026

Asif Nagar, Karimnagar

Area: 1.05 + 0.15 + 0.18 = 1.38 Acres

Asif Nagar Village

Karnataka Bank · Asset Recovery Management Branch

Reserve price

₹3,70,00,000

EMD ₹37,00,000

Auction date

17 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1.05 + 0.15 + 0.18 = 1.38 Acres
  • Locality: Asif Nagar
  • Reserve: ₹3,70,00,000
  • EMD: ₹37,00,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Property · Commercial
LocalityAsif Nagar
Built-up / plot area1.05 + 0.15 + 0.18 = 1.38 Acres
LenderKarnataka Bank
BranchAsset Recovery Management Branch
Auction typeSARFAESI Auction
Service providerAuctionbazaar

About this property

Commercial Property bank auction in Asif Nagar, Karimnagar by Karnataka Bank — reserve price ₹3,70,00,000, 1.05 + 0.15 + 0.18 = 1.38 Acres, Symbolic possession.

Bank auction property in Karimnagar! Seize the opportunity to own a commercial property in Asif Nagar Village, Karimnagar, Telangana. This property, under auction by Karnataka Bank, features land in multiple survey numbers (Sy.No. 275-1, S.No.212/B, and S.no.563/C) totaling 1.38 Acres. With a reserve price of ₹37,000,000 and an EMD of ₹3,700,000, this is a prime investment. Don't miss out on this commercial shop for sale in a strategic location. Contact for more details!

GeoSquare note: The property's commercial nature and location in Karimnagar, Telangana offer some potential, but the symbolic possession status introduces risk. The reserve price of ₹37,000,000 requires careful consideration. While not a prime investment, it could be a fair option for those familiar with the local market and comfortable with symbolic possession.

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