Property for Auction in hayathanagar, Ranga Reddy, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609135
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹45,63,000
EMD:₹4,56,300
Bid Increment:₹20,000
Auction Time:3 PM to 4 PM
Service Provider:BAANKNET
Submission Date:2025-11-14
Bid Start Date:2025-11-15
This is a residential flat located in Hayathnagar, Ranga Reddy, Telangana. The property is being auctioned by the State Bank of India. It is an excellent opportunity for homebuyers or investors looking for a property in a well-connected area. The flat is part of a SARFAESI auction, offering a chance to acquire property at a potentially competitive price.
State:Telangana
City:Ranga Reddy
Area:hayathanagar
Asset Category:Residential
Full Address:102, Sri Balaji Pride - III, Flat No. 102, 1st Floor, Sri Balaji Pride - III, Sy Nos. 249,250 & 254, Information Colony, Anmagal, Hayathnagar, Hayathanagar, Ranga Reddy
Building/Society:Sri Balaji Pride - III
Size:1300 Sft
State Bank of India is conducting a SARFAESI auction for a residential flat in Hayathnagar, Ranga Reddy, Telangana. The auction has a reserve price of ₹45,63,000 and requires an Earnest Money Deposit (EMD) of ₹4,56,300. The auction will take place on November 15, 2025, starting at 03:00 PM and concluding at 04:00 PM. This is a prime opportunity to bid on a property directly from the bank.
Borrower Name:Sri. Gattu Prabhakar Reddy
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:NIL
The property's location in Hayathanagar and the relatively affordable reserve price make it a calculated opportunity. However, potential buyers should carefully assess the property's condition and location specifics. It presents a moderate risk with potential for value appreciation.
Branch:Branch Office : Stressed Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Smt. Showri Prabhu Dasari
Contact no:7022155913