Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609554
Bank Name:DCB Bank
Branch Name:Lower Parel Mumbai
Reserve Price:₹86,90,000
EMD:₹8,69,000
Auction Time:11:30 am to null
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-28
Property Description
This auction features a residential house located in the heart of Jangaon Town, Jangaon, Telangana. The property is part of a SARFAESI auction conducted by DCB Bank, offering a valuable opportunity for prospective buyers. It is situated in a well-established area, ensuring convenient access to local amenities and transport links. The house presents a solid investment for individuals or families looking to own a home in Jangaon.
State:Telangana
City:Jangaon
Area:Jangaon Town
Asset Category:Residential
Full Address:6-1-P33, suryapet road, Jangaon town & District, Jangaon Town, Jangaon
Size:80.00 Sq Yards
Auction Description
DCB Bank presents a SARFAESI auction for a residential house in Jangaon Town, Jangaon, Telangana. The auction has a reserve price of INR 8,690,000.00 and requires an Earnest Money Deposit (EMD) of INR 869,000.00. The bidding will take place on 28-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mr. Ramprasad Peddoju
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Jagdeesh Peddoju, Mrs. Rani Avusula, M/S. Saaj Automobiles
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Jangaon, offered at a reserve price of ₹8690000.0. While the location offers potential, the specific terms of the auction and the property's condition warrant careful assessment. This makes it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : Lower Parel Mumbai
Service Provider:bankauctions.in
Contact Details:
T.Jaya Prakash Reddy
Contact no:8142000064
