Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611242
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹46,60,000
EMD:₹4,66,000
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
A residential flat located in Uppal Mandal, Medchal-Malkajgiri, Telangana. This property is being auctioned by Canara Bank under SARFAESI proceedings.
State:Telangana
City:Medchal-Malkajgiri
Area:Uppal Mandal
Asset Category:Residential
Full Address:102, K.N.R Apartments, Flat bearing Number 102, In 1 st Floor of K.N.R Apartments having municipal No. 1-4-55/102, Sneha Nagar Colony, Habsiguda Village, Uppal Mandal and municipality, Medchal Malkajgiri dist. (Erst. Rangareddy Dist.), Uppal, Hyderabad
Building/Society:K.N.R Apartments
Size:1200 Sq feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Uppal Mandal, Medchal-Malkajgiri, Telangana. The auction will take place on November 25, 2025, between 11:30 AM and 12:30 PM. The reserve price is INR 46,60,000, with an Earnest Money Deposit (EMD) of INR 4,66,000 required to participate. This is an opportunity to acquire a property previously owned by M/S SUNITHA TECHNOLOGIES INDIA PVT LTD.
Borrower Name:M/S SUNITHA TECHNOLOGIES INDIA PVT LTD
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:No Known Encumbrances to the Knowledge of the Bank
Why This Property
The property offers a reasonable investment opportunity due to its location in Uppal, Hyderabad, and its decent size. The reserve price seems fair for the area, but potential buyers should conduct thorough due diligence. Symbolic possession adds a layer of complexity that needs consideration.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:040-27725283
