House for auction Saidabad Hyderabad 53 lakh CIFCL

A residential house located in the well-connected area of Saidabad, Hyderabad, Telangana. This property is being auctioned by Cholamandalam Investment And Finance Company Limited under the SARFAESI Act. The property offers a great opportunity for homeowners or investors looking to acquire an asset in a prime urban location. Specific details regarding the size, structure, and amenities of the house will be made available to interested bidders. The auction presents a chance to own a property in a desirable neighborhood.

Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential house in Saidabad, Hyderabad. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹53,00,000, with an Earnest Money Deposit (EMD) of ₹5,30,000 required. This is a formal auction process initiated due to loan default by the borrower, Abdul Akram. Prospective bidders are advised to conduct their due diligence on the property and familiarize themselves with the auction terms and conditions before participating.