Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609885
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹4,90,000
EMD:₹49,000
Auction Time:02:00 PM to 03:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2023-11-10
Bid Start Date:18-11-2025 02:00 PM
Property Description
This is a residential house located in Karimnagar, Telangana, part of a SARFAESI auction conducted by Tata Capital Housing Finance Ltd. The property is situated in the Karimnagar area and was formerly owned by Mr. Manigari Babu. It represents an opportunity to acquire a house in a well-established locality.
State:Telangana
City:Karimnagar
Area:Karimnagar
Asset Category:Residential
Full Address:1-82A, G.P.Door No.1-82A, Mohinkunta Village of Musthabad Mandal, Mohinkunta Village, Karimnagar
Size:122.83 Square Yards
Auction Description
Tata Capital Housing Finance Ltd is holding a SARFAESI auction for a residential house in Karimnagar, Telangana. The auction will commence on November 18, 2025, at 02:00 PM and conclude at 03:00 PM on the same day. The reserve price for this auction is INR 4,90,000, with an Earnest Money Deposit (EMD) of INR 49,000 required to participate. This is a legal auction under SARFAESI Act.
Borrower Name:Mr Manigari Babu
Auction Type:SARFAESI Auction
Guarantor Names:Mrs Manigari Bagya
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity given its residential type and location in Karimnagar. The reserve price is relatively low, and the physical possession offers immediate use. However, potential buyers should investigate the 'dismantled house' aspect and overall market conditions before bidding.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:Public Auction
Contact Details:
Contact no:8588983696
