Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609636
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹39,56,940
EMD:₹3,95,694
Bid Increment:₹10,000
Auction Time:02:00 PM. to 04:00 PM.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This is a residential house located in Suryapet, Suryapet, Telangana, brought to auction by Cholamandalam Investment And Finance Company Limited. The property is part of a SARFAESI auction and is offered as a prime real estate opportunity in the Suryapet area.
State:Telangana
City:Suryapet
Area:Suryapet
Asset Category:Residential
Full Address:3-5-139/4/5/2, Plot No. 47, Hanuman Nagar, W Giri Nagar, Suryapet Town And Dist. Near Eenadu Office, Suryapet, Telangana 508213. Also At: Sy. No. 36/1, Plot No. 05, H. No. 3-5-139/4/5/2, Jammigadda Areaa Suryapet Revenue & Municipal Limits, Suryapet Town Near Sumangali Function Hall Suryapet-508213., Hanuman Nagar, Suryapet
Size:242 Sq.yrds.
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential house in Suryapet, Telangana. The auction has a reserve price of INR 39,56,940 and an EMD of INR 3,95,694. Bidding will commence on November 17, 2025, at 2:00 PM and conclude at 4:00 PM on the same day. This is a significant opportunity to acquire property through a bank auction process.
Borrower Name:Mr/Mrs. Sheik Inthiyaz
Auction Type:SARFAESI Auction
Guarantor Names:Mr/Mrs. Shaik Asma
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in Suryapet, a developing area, and the reserve price seems reasonable. However, the 'Constructive Possession' status adds a layer of risk. A calculated opportunity for those willing to navigate potential possession complexities.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:Public Auction
Contact Details:
Shaik Altaf
Contact no:9966867687
