Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609239
Bank Name:ICICI Bank
Branch Name:Branch Office: Hyderabad
Reserve Price:₹17,00,000
EMD:₹1,70,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential house located in Suryapet, Nalgonda, Telangana. The property is being auctioned by ICICI Bank as part of a SARFAESI auction. It is a valuable opportunity to acquire a house in a developing area.
State:Telangana
City:Nalgonda
Area:Suryapet.
Asset Category:Residential
Full Address:2-96, Residential House bearing No. 2-96, in Survey No. 95, Ward No. 2, Darakunta Gramapanchayathi, Suryapet
Size:587 Sft
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential house in Suryapet, Nalgonda, Telangana. The auction will take place on November 20, 2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this property is ₹17,00,000, with an EMD of ₹1,70,000. The borrower for this auction is Mr. Nisanth Pharma.
Borrower Name:Mr. Nisanth Pharma
Auction Type:SARFAESI Auction
Guarantor Names:Siripurapu, Mandapalli Rajyalakshmi, Siripurapu Rajasri
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 Suryapet and its residential nature. The reserve price and EMD are significant, indicating a moderate investment, and the auction terms require careful evaluation. While it's not a prime investment, the location and property type could appeal to local buyers seeking affordable housing.
Contact Details
Branch:Branch Office : Branch Office: Hyderabad
Service Provider:matex.net
Contact Details:
Contact no:9326713629
