Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610653
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹50,50,000
EMD:₹5,05,000
Bid Increment:₹50,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-25
Property Description
Discover a fantastic residential opportunity with this house located in Balapur, Ranga Reddy, Telangana. Ideal for a family home or investment, this property is being auctioned by Canara Bank.
State:Telangana
City:Ranga Reddy
Area:Balapur
Asset Category:Residential
Full Address:29-63(Old H NO 29-62&63), Sri Nilaya Township, H No. 29-63(Old H NO 29-62&63) on plot Nos62 south part and 63 North Part in Sy No 88 situated at Sri Nilaya Township, Badangpet Village, Balapur Mandal, Ranga Reddy Municipality, Telangana State. (Document Number 12561/2018 at SRO LB Nagar), Balapur, Ranga Reddy
Building/Society:Sri Nilaya Township
Size:150 Sq Yrds
Auction Description
This is a SARFAESI auction conducted by Canara Bank for a residential house in Balapur, Ranga Reddy. The auction starts on November 25, 2025, at 11:30 AM and ends at 12:30 PM on the same day. The reserve price is ₹50,50,000, with an Earnest Money Deposit (EMD) of ₹5,05,000 required. Don't miss this chance to acquire property through a bank auction.
Borrower Name:Mr M Vidya
Auction Type:SARFAESI Auction
Guarantor Names:M Mahesh, M/s Dobby Mart Prop: M Vidya
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a house in a developing locality near Hyderabad. The reserve price seems reasonable. The Calculated Opportunity rating reflects the need for due diligence regarding local market conditions and potential for appreciation.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:040-27725283
