Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611743
Bank Name:Canara Bank
Branch Name:Regional Office, Nizamabad
Reserve Price:₹12,00,000
EMD:₹1,20,000
Auction Time:11:30 Am to 12:30 Pm
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This auction features a residential land and building located in JALALAPUR, Nizamabad, Telangana. The property is associated with borrower Sri. Palthya Sardar. It is being auctioned by Canara Bank under SARFAESI provisions. This presents a unique opportunity to acquire a property in a developing area.
State:Telangana
City:Nizamabad
Area:JALALAPUR
Asset Category:Residential
Full Address:1-9/3, H.No. 1-9/3, Shankora, Jakkora, Jalalapur, Nizamabad
Size:361.11 Sq. Yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in JALALAPUR, Nizamabad, Telangana. The auction will take place on 28-11-2025, starting at 11:30 AM and ending at 12:30 PM. The reserve price for this auction is ₹12,00,000, with an Earnest Money Deposit (EMD) of ₹1,20,000 required. Interested bidders should review all auction terms and conditions before participating.
Borrower Name:Sri. Palthya Sardar
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Chandar Malovath
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Jalalapur offers a calculated opportunity due to its residential nature and the relatively lower reserve price. While the location might not be prime, the presence of a building adds value. Careful evaluation of the building's condition and local market dynamics is crucial before bidding.
Contact Details
Branch:Branch Office : Regional Office, Nizamabad
Service Provider:Public Auction
Contact Details:
Contact no: —
