Land and Building for Auction Medchal Hyderabad 56.3 Lakh by Union Bank of India 24 Jun 2026
Medchal, Hyderabad
Area: 3173 sq ft
Basuragadi Hamlet of Gowdavelly village and Panchayat, Medchal Mandal, Malkajgiri dt, Telangana-501401
Union Bank of India · ASSET RECOVERY BRANCH VIJAYAWADA
Reserve price
₹56,30,000
EMD ₹5,63,000
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3173 sq ft
- ▸Locality: Medchal
- ▸Reserve: ₹56,30,000
- ▸EMD: ₹5,63,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Medchal |
| Built-up / plot area | 3173 sq ft |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH VIJAYAWADA |
| Unit / flat no. | Block No. 1 |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹56,300 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Medchal, Hyderabad by Union Bank of India — reserve price ₹56,30,000, 3173 sq ft, Symbolic possession.
This bank auction property features a semi-finished first-floor residential building located in Basuragadi Hamlet of Gowdavelly village, Medchal, Hyderabad. The property, identified as Block No. 1, offers a built-up area of 3173 sq ft with an undivided share of land. Union Bank of India offers this land and building for sale via e-auction on 2026-06-24, with a reserve price of ₹5630000.0 and an EMD of ₹563000.0. Don't miss this opportunity to invest in a strategically located bank auction property in Medchal. Contact the authorized officer for inspection details.
GeoSquare note: The property is a residential building in Medchal, Hyderabad, with a reserve price of ₹5630000.0. The 'symbolic' posession status slightly impacts its appeal. Given the location and price range, it's a reasonable choice, but potential buyers should thoroughly investigate the property condition and market value before bidding.
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