Flat for auction Gandipet Hyderabad 49 lakh ICICI Home Finance

Property for Auction in Gandipet, Hyderabad, Telangana

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Reserve Price
48,60,000
Reserve Price
48,60,000
EMD Required
4,86,000
Property Specifications
Society/BuildingBalapradha Residency- 1
Unit No.301
FloorThird Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Gandipet, Hyderabad
Auction Date IconAuction Date:
25-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613723

Bank Name:ICICI Home Finance

Branch Name:Corporate Office : Mumbai

Reserve Price:48,60,000

EMD:4,86,000

Auction Time:02:00 PM to 03:00 PM

Service Provider:BidDeal.in

Important Dates

Submission Date:2025-11-24

Bid Start Date:2025-11-25

Property Description

This is a residential flat located in Gandipet, Hyderabad, Telangana. The property is part of a SARFAESI auction conducted by ICICI Home Finance. It is an excellent opportunity to acquire a home in a well-known area of Hyderabad.

State:Telangana

City:Hyderabad

Area:Gandipet

Asset Category:Residential

Full Address:301, Balapradha Residency- 1, Flat No.301, Bearing Municipal No. 9-2-55/301 Ptin No. 1260304523, In Third Floor, In The Building Complex Area Known As "Balapradha Residency- 1", Plot Bearing No. 55 In S. No. 34/U2, Hydershakote Village, Bandlaguda Jagir Municipla Corporation, Gandipet Mandal, Ranga Reddy District, Telangana, Gandipet, Hyderabad

Building/Society:Balapradha Residency- 1

Auction Description

ICICI Home Finance is holding a SARFAESI auction for a residential flat in Gandipet, Hyderabad on November 25, 2025, between 2:00 PM and 3:00 PM. The reserve price is ₹48,60,000, with an Earnest Money Deposit (EMD) of ₹4,86,000 required. This auction presents a chance to purchase property under specific banking regulations.

Borrower Name:Kushka Praveen Kumar

Auction Type:SARFAESI Auction

Guarantor Names:Koshika Santhosha

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

Located in Gandipet, Hyderabad, this flat offers a reasonable opportunity at the listed reserve price. While not a 'Prime Investment', the property's location and the secured nature of the bank auction make it a 'Calculated Opportunity' for interested buyers. Due diligence is advised.

Contact Details

Branch:Branch Office : Corporate Office : Mumbai

Service Provider:BidDeal.in

Contact Details:

ICICI Home Finance Company Limited

Contact no:9920807300

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