Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613180
Bank Name:LIC Housing Finance Ltd
Branch Name:Hyderabad
Reserve Price:₹1,08,35,000
EMD:₹10,83,500
Bid Increment:₹10,000
Auction Time:12:00 PM to 1.00 PM
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This is a residential flat located in Saroomagar, Ranga Reddy, Telangana. The property is being auctioned by LIC Housing Finance Ltd under the SARFAESI Act. It presents an opportunity for buyers seeking a residential asset in this region. Further details regarding the specific amenities, size, and condition of the flat are available upon request or during the auction inspection period. The auction is conducted by LIC Housing Finance Ltd.
State:Telangana
City:Ranga Reddy
Area:Saroomagar
Asset Category:Residential
Full Address:202, SRI LAKSHMI AMBICA RESIDENCY A Block, Flat No. 202 on 2nd Floor of "SRI LAKSHMI AMBICA RESIDENCY A Block" bearing H.No. 13-23-38/202/A, Krishnaveni Nagar, Gaddiannaram Village, Ranga Reddy
Building/Society:SRI LAKSHMI AMBICA RESIDENCY A Block
Size:2152 Sq.ft
Auction Description
LIC Housing Finance Ltd is conducting a SARFAESI auction for a residential flat in Saroomagar, Ranga Reddy, Telangana. The auction will commence on November 28, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this auction is INR 10,835,000, with an Earnest Money Deposit (EMD) of INR 1,083,500 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mr. Abhay Kumar Patro
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Saroornagar presents a solid investment due to its size, location in a developing area, and reasonable reserve price. The property's accessibility and clear auction terms make it a favorable opportunity for potential buyers. A strong buy is recommended, considering the potential for future appreciation.
Contact Details
Branch:Branch Office : Hyderabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Contact no:9949901281/9666247000&9490683758
