Commercial Shop 14 Lakshmi Complex Erragadda Hyderabad by Karnataka Bank

Commercial Shop No. 14, GHMC bearing H. No. 8-4-315/6/L/A/14, in Ground Floor of "Lakshmi Complex", measuring 368 Sq. Feet (including common areas) together with an undivided share of land area admeasuring 20 Sq. yards of 4000 Sq. meters in premises bearing Municipal No. 8-4-315/6/1 and 2 Part, situated at Erragadda, Near Sanath Nagar Flyover Bridge, Hyderabad-500018, Telangana State.

This is a SARFAESI Auction for a Commercial Shop No. 14, GHMC bearing H. No. 8-4-315/6/L/A/14, located on the Ground Floor of "Lakshmi Complex" in Erragadda, Hyderabad. The shop measures 368 Sq. Feet (including common areas) and comes with an undivided share of land area admeasuring 20 Sq. yards. The property is situated near the Sanath Nagar Flyover Bridge, Hyderabad, Telangana State. The property belongs to Mr. Reddisetti Sai Prasad and is bounded by Shop No. 13 to the East, Shop No. 15 to the West, a Compound Wall to the North, and a 30' wide road to the South. The borrower is M/s. Shiva Sai Balaji Enterprises. The auction is being conducted by Karnataka Bank with a reserve price of ₹44,16,000.00 and an Earnest Money Deposit (EMD) of ₹4,41,600.00. The auction will be held on 30-07-2025 from 11:00 AM to 11:30 AM, with the application submission deadline on 29-07-2025 by 05:00 PM.