Representative illustration — House bank auction in Prasanth Nagar Colony, Old Alwal
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Strong Buy

House for Auction Prasanth Nagar Colony Old Alwal Medchal Malkajgiri 62 Lakh by Union Bank of India 12 Jun 2026

Prasanth Nagar Colony, Old Alwal, Medchal-Malkajgiri

Area: 100.00 sq. yards

H.No:1-5-13/1 (New), H.No:5-61/5(Old), Plot No:46, Sy.No:68, Part

Union Bank of India · Regional Office

Reserve price

₹62,00,000

EMD ₹6,20,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 100.00 sq. yards
  • Locality: Prasanth Nagar Colony, Old Alwal
  • Reserve: ₹62,00,000
  • EMD: ₹6,20,000

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityPrasanth Nagar Colony, Old Alwal
Built-up / plot area100.00 sq. yards
LenderUnion Bank of India
BranchRegional Office
Unit / flat no.Plot No:46
Building / societyPrasanth Nagar Colony
FloorGround Floor
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

House bank auction in Prasanth Nagar Colony, Old Alwal, Medchal-Malkajgiri by Union Bank of India — reserve price ₹62,00,000, 100.00 sq. yards, Symbolic possession.

Discover a prime bank auction property in the desirable location of Alwal, Medchal-Malkajgiri. This residential house, situated in Prashanth Nagar Colony, offers 100 sq. yards of land with a built-up area of 727.0 sq. ft. The auction by Union Bank of India features a reserve price of ₹62,00,000 and an EMD of ₹6,20,000. Don't miss this opportunity to invest in a well-located property through a bank auction. Auction date is 2026-06-12. Contact for more details!

GeoSquare note: This residential house in Alwal presents a solid investment opportunity due to its prime location and reasonable reserve price. The symbolic possession adds a layer of security. With a reserve price of ₹62,00,000, it's positioned as a strong contender for potential buyers seeking value in a developing area.

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