Flat for Auction Medchal Hyderabad 56.3 Lakh by Union Bank of India 24 Jun 2026
Medchal, Hyderabad
Area: 3173 sqft
Flat no B-2, Entire First floor, Block No 2, Plot no 1 & 2 part, SY No 488/part 489/part and 490/part, situated at Basuragudi Halmet of Gowdavelly Vullage & Gram Panchayat, Medchal Mandal, RR District (Erstwhile), Present Medchal Malkajgiri District
Union Bank of India · ASSET RECOVERY BRANCH VIJAYAWADA
Reserve price
₹56,30,000
EMD ₹5,63,000
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3173 sqft
- ▸Locality: Medchal
- ▸Reserve: ₹56,30,000
- ▸EMD: ₹5,63,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Medchal |
| Built-up / plot area | 3173 sqft |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH VIJAYAWADA |
| Unit / flat no. | B-2 |
| Floor | First floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹56,300 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Medchal, Hyderabad by Union Bank of India — reserve price ₹56,30,000, 3173 sqft, Symbolic possession.
Bank auction property in Medchal, Hyderabad! This residential flat, located on the first floor of Block No. 2, offers a spacious 3173 sqft of living space. The property, situated in Basuragudi Halmet of Gowdavelly Village, Medchal Mandal, is up for e-auction with a reserve price of ₹56,30,000 and an EMD of ₹5,63,000. Don't miss this opportunity to own a valuable asset through a bank auction. Contact the authorized officer for inspection details and participate in the e-auction.
GeoSquare note: The property is a large flat in Medchal, Hyderabad, offered at a reserve price of ₹56.3 Lakhs. The symbolic possession indicates potential delays, but the relatively affordable price range makes it a fair investment option for those willing to take on some risk. The location is somewhat outside the main city, which might affect its prime investment score.
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