Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611235
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹57,00,000
EMD:₹5,70,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A residential flat located in Saroomagar, Ranga Reddy, Telangana. This property is being auctioned by Canara Bank under SARFAESI regulations. Ideal for individuals or families seeking a home in a developing area. The flat offers essential amenities and is situated in a well-connected locality.
State:Telangana
City:Ranga Reddy
Area:Saroomagar
Asset Category:Residential
Full Address:501, TLR Residency, Flat NO. 501, in 5 th Floor, Municipal Door No.8-7-95/T/P-III/TR/501, of TLR Residency, Saroomagar, Ranga Reddy
Building/Society:TLR Residency
Size:1177 sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Saroomagar, Ranga Reddy, Telangana. The auction will take place on December 12, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is ₹57,00,000, with an Earnest Money Deposit (EMD) of ₹5,70,000. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Shri. Nampally Bhaskara Chary
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:No Known Encumbrances to the Knowledge of the Bank
Why This Property
The flat offers a reasonable opportunity given its location in Saroomagar and the relatively moderate reserve price. While not a prime investment, it presents a calculated risk with potential for appreciation. Due diligence regarding the property's legal standing and market value is recommended before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:040-27725283
