Land and Building for Auction Gaganmahal Colony Domalguda Hyderabad 8 Crore by Punjab National Bank 01 Jul 2026

Quick read

• ▸Possession: Symbolic
• ▸Area: 582.0 sq. yds
• ▸Locality: Gaganmahal Colony, Domalguda
• ▸Reserve: ₹7,98,00,000
• ▸EMD: ₹79,80,000

About this property

Land And Building bank auction in Gaganmahal Colony, Domalguda, Hyderabad by Punjab National Bank — reserve price ₹7,98,00,000, 582.0 sq. yds, Symbolic possession.

Discover a lucrative investment opportunity at the Punjab National Bank e-auction featuring a double-storeyed building in the prime Gaganmahal Colony, Domalguda, Hyderabad, Telangana. This substantial property, identified by Municipal Number 1-2-583/17, covers 582 sq. yds (or 500.92 sq. mts), making it ideal for both residential and potential commercial use. Strategically located with a 30 ft. wide road frontage, this 'bank auction property' offers excellent connectivity. The auction is set for July 1, 2026, from 11:00 AM to 4:00 PM, with a reserve price of ₹7,98,00,000. An EMD of ₹7,980,000 is required, and the last date for submission is June 30, 2026. Property inspection can be arranged on June 20, 2026. With 'nil encumbrances' and a desirable 'Hyderabad location', this is a compelling option for serious investors.

GeoSquare note: This property offers significant investment potential due to its large size (582 sq. yds) and location in Gaganmahal Colony, Domalguda, Hyderabad. The 'nil encumbrance' status adds to its appeal, making it a relatively secure investment. While possession is symbolic, the property type and location justify the reserve price, making it a strong buy for long-term growth and potential for both residential and commercial development.