Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609587
Bank Name:Union Bank of India
Branch Name:PAIDIPALLY BRANCH
Reserve Price:₹18,73,400
EMD:₹1,87,340
Bid Increment:₹18,800
Auction Time:12:00 PM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
A residential flat located in Hanamkonda, Warangal, Telangana. This property is being auctioned by Union Bank of India under SARFAESI guidelines. It presents a great opportunity for homeownership or investment in a developing urban area. The flat is categorized as residential, suitable for individual or family living. Its location in Warangal offers access to local amenities and infrastructure.
State:Telangana
City:Warangal
Area:Hanamkonda
Asset Category:Residential
Full Address:H.No 9-81, H.No 9-81, Koppula Village, Shayampet Mandal, Warangal, Koppula Village, Warangal
Size:363 sq.yards
Auction Description
This is a SARFAESI auction conducted by Union Bank of India for a residential flat in Hanamkonda, Warangal, Telangana. The auction will take place on November 14, 2025, starting at 12:00 PM and concluding at 05:00 PM. The reserve price for this property is INR 16,42,500, with an Earnest Money Deposit (EMD) of INR 1,64,250 required to participate. This auction is an excellent chance to acquire property directly from the bank.
Borrower Name:Mrs. Kondaveeti Anitha
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Thulala Ramya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a rural district, offered at a reasonable reserve price. While the location may not be prime, the size and clear auction terms present a calculated opportunity for potential buyers. Further due diligence on the property's condition and local market is recommended.
Contact Details
Branch:Branch Office : PAIDIPALLY BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:9985643641
