Flat for Auction Saroornagar Hyderabad 2 Crore by Cholamandalam Investment and Finance Company Limited 29 Jun 2026
Saroornagar, Hyderabad
Area: 925.00 Sq. Feets
Flat No.304, Third Floor, SRI SAI JAGTAP TOWERS, Durganagar Colony, Bairamalguda Village, Saroornagar Mandal, L.B. Nagar Municipality, Rangareddy District, Hyderabad, Telangana
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹1,98,00,000
EMD ₹19,80,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 925.00 Sq. Feets
- ▸Locality: Saroornagar
- ▸Reserve: ₹1,98,00,000
- ▸EMD: ₹19,80,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Saroornagar |
| Built-up / plot area | 925.00 Sq. Feets |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | Flat No.304 |
| Building / society | SRI SAI JAGTAP TOWERS |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankauctions.in |
About this property
Flat bank auction in Saroornagar, Hyderabad by Cholamandalam Investment And Finance Company Limited — reserve price ₹1,98,00,000, 925.00 Sq. Feets, Symbolic possession.
Discover a unique bank auction opportunity in Hyderabad, Telangana, featuring two distinct properties. Property No.1 is a spacious 925 sq. ft. flat located on the Third Floor (Flat No.304) of SRI SAI JAGTAP TOWERS, Durganagar Colony, Saroornagar. This residential property offers a strategic location in a thriving urban area. Property No.2 comprises an industrial rice mill (House No.6-10) with a built-up area of 4,208 sq. ft. on a 2,420 sq. yard plot in Gummadavelly village, Kandukur Mandal, Rangareddy District. The combined reserve price for this bank auction property is ₹1,98,00,000, with an EMD of ₹19,80,000. E-auction scheduled for June 29, 2026, from 11:00 AM to 01:00 PM. Property inspection is available on June 24th and 25th, 2026. This offering is ideal for investors seeking a mix of residential and industrial assets for sale.
GeoSquare note: This bank auction offers a compelling 'Strong Buy' for investors due to its diverse portfolio: a residential flat in a prime Hyderabad locality (Saroornagar) and a large industrial rice mill. The combined offering at a reserve price of ₹1.98 Crore presents significant value, despite the symbolic possession for the industrial unit. Given Hyderabad's robust real estate market, this mixed-use property holds strong potential for capital appreciation and rental income. Thorough due diligence is advised given the varied property types and possession status.
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