House for auction DESCRIPTION OF IMMOVABLE SECURED ASS Madikonda, Warangal by BOI

A residential house located in Madikonda, Warangal, Telangana, is up for auction. This property, formerly associated with Mr. Jawaharlal Gogoluthu, presents a unique opportunity in a developing area. It is categorized as a house, making it suitable for residential purposes. The property is being auctioned by Union Bank of India under the SARFAESI Act. It offers a chance to acquire a home in Warangal, a city known for its historical significance and growing infrastructure. The location in Madikonda provides access to local amenities and transport links.

Union Bank of India is conducting a SARFAESI auction for a residential house in Madikonda, Warangal, Telangana. The auction will commence on September 26, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this auction is set at INR 56,25,000, with an Earnest Money Deposit (EMD) of INR 5,62,500 required to participate. This is a direct opportunity to bid on a property previously owned by Mr. Jawaharlal Gogoluthu. Interested parties are advised to review all auction terms and conditions provided by Union Bank of India.