Property for Auction in Kotagally, Nizamabad, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611740
Bank Name:Canara Bank
Branch Name:Regional Office, Nizamabad
Reserve Price:₹27,50,000
EMD:₹2,75,000
Auction Time:11:30 Am to 12:30 Pm
Service Provider:Public Auction
Submission Date:2025-11-27
Bid Start Date:2025-11-28
This is a SARFAESI auction of a residential land and building located in Kotagally, Nizamabad, Telangana. The property is associated with borrower Sri. Abdul Hakeem. The auction presents an opportunity to acquire a property in a well-known area of Nizamabad. Further details regarding the specific dimensions, condition, and any encumbrances on the land and building should be verified by interested bidders.
State:Telangana
City:Nizamabad
Area:Kotagally
Asset Category:Residential
Full Address:13-70, H.No. 9-99/A, Kotgiri Village & Mandal, Nizamabad Dist - 503207, Kotgiri, Nizamabad
Size:155.55 Sq Yds
Canara Bank is conducting an online SARFAESI auction for a residential land and building in Kotagally, Nizamabad, Telangana. The auction will take place on November 28, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is ₹27,50,000, with an Earnest Money Deposit (EMD) of ₹2,75,000 required to participate. Prospective bidders are advised to conduct thorough due diligence on the property before bidding.
Borrower Name:Sri. Abdul Hakeem
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Ajaj S/O Abdul Raheem Qureshi
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property presents a fair opportunity given its residential nature and location in Kotgally. The reserve price appears reasonable; however, potential investors should carefully assess the property's condition and local market trends before bidding. Further due diligence is recommended to understand the growth potential of this area.
Branch:Branch Office : Regional Office, Nizamabad
Service Provider:Public Auction
Contact Details:
Contact no: —