Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613179
Bank Name:LIC Housing Finance Ltd
Branch Name:Hyderabad
Reserve Price:₹49,12,000
EMD:₹4,91,200
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
A residential flat located in Quthbullapur, Medchal-Malkajgiri, Telangana. This property is being auctioned by LIC Housing Finance Ltd. Ideal for individuals or families seeking a home in a developing area. Proximity to local amenities and transport links.
State:Telangana
City:Medchal-Malkajgiri
Area:Quthbullapur
Asset Category:Residential
Full Address:103, K.M.G.NANAYUGA COMPLEX, H.No: 6-96/10/1/103, Flat No.103, 1st Floor, KMG Navayuga Complex, Manikya nagar, Chintal, Qutubullapur Mandal, Quthbullapur, Hyderabad
Building/Society:K.M.G.NANAYUGA COMPLEX
Size:1070 Sq.fts
Auction Description
This is a SARFAESI auction conducted by LIC Housing Finance Ltd for a residential flat. The auction has a reserve price of INR 49,12,000 and requires an EMD of INR 4,91,200. Bidding will take place on 28-11-2025 between 12:00 PM and 01:00 PM. Don't miss this opportunity to acquire a property in Medchal-Malkajgiri.
Borrower Name:Mr. Kumbum Ramchandra
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kumbum Yamuna Rani
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Quthbullapur, Hyderabad, and a relatively affordable reserve price. The auction terms are standard, with a specified EMD and bid increment. Further due diligence is recommended to assess the property's market value and potential for appreciation.
Contact Details
Branch:Branch Office : Hyderabad
Service Provider:bankeauctions.com / C1 India
Contact Details:
Contact no:9949901281/9666247000&9490683758
