Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:607181
Bank Name:Bank of India
Branch Name:RECOVERY DEPARTMENT Hyderabad
Reserve Price:₹76,87,000
EMD:₹7,68,700
Bid Increment:₹75,000
Auction Time:11.00 AM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
Property Description
Prime land and building located in Abdullapurmet, Ranga Reddy, Telangana. This residential asset, formerly associated with Mr. Nenavath Srinu, presents a significant investment opportunity in a developing area. The property is being auctioned by the Bank of India under SARFAESI regulations.
State:Telangana
City:Ranga Reddy
Area:Abdullapurmet
Asset Category:Residential
Full Address:103, Plot No. 103, Injapur Village, Abdullapurmet mandal, Ranga Reddy dist., Injapur Village, Abdullapurmet
Size:164 Sq. Yards
Auction Description
The Bank of India is conducting a SARFAESI auction for a land and building property in Abdullapurmet, Ranga Reddy, Telangana. The auction will take place on October 30, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price is set at 7,687,000 INR, with an Earnest Money Deposit (EMD) of 768,700 INR required to participate.
Borrower Name:Mr. Nenavath Srinu
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Nenavath Saritha, Mr. Nenavath Ganesh
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent opportunity due to its location in a developing area of Telangana and the existing building structure. The reserve price appears reasonable considering the size of the land and building. However, potential buyers should conduct thorough due diligence regarding the property's legal status and future development prospects.
Contact Details
Branch:Branch Office : RECOVERY DEPARTMENT Hyderabad
Service Provider:BAANKNET
Contact Details:
Contact no: —
