Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614511
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹49,95,000
EMD:₹4,99,500
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Medipally, Medchal-Malkajgiri, Telangana. The property is being auctioned by Canara Bank. Ideal for individuals seeking a home in a well-connected area, this flat offers a great opportunity for ownership.
State:Telangana
City:Medchal-Malkajgiri
Area:Medipally
Asset Category:Residential
Full Address:A-109, A. V. INFO PRIDE, Flat No. A-109, First Floor, A. V. INFO PRIDE, survey Nos. 36 & 37, Medipally village, Peerzadiguda Municipal corporation, Medipally Mandal, Ranga Reddy Dist (now Medchal-Malkajgiri Dist.) Telangana, Medipally, Medchal-Malkajgiri
Building/Society:A. V. INFO PRIDE
Size:1100 Sq.ft.
Auction Description
Canara Bank presents a SARFAESI auction for a residential flat in Medipally, Medchal-Malkajgiri, Telangana. The auction will take place on November 25, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 49,95,000 with an EMD of INR 4,99,500. This is a prime opportunity to acquire property through a bank auction.
Borrower Name:M/s. Bheeshma Jute Industries Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. T Srinivas Reddy, Mrs. T Radha, Mr. T Vishwath Reddy, Mr. Vedantham Srikanth
Legal Details
Possession Status:Symbolic
Encumbrance Details:No Encumbrances Known to Knowledge of the Bank
Why This Property
Located in Medipally, this flat offers a moderate investment opportunity with a reasonable reserve price. While the location is not a prime metropolitan area, the flat's size and accessibility make it a decent option. Prospective buyers should carefully consider the market conditions and potential rental yields before bidding.
Contact Details
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Dattatrey Bajpayee
Contact no:040-27725283
