Property for Auction in Shivar., Nizamabad, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611739
Bank Name:Canara Bank
Branch Name:Regional Office, Nizamabad
Reserve Price:₹46,00,000
EMD:₹4,60,000
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 by Canara Bank for a Land and Building property located in Shivar., Nizamabad, Telangana. The property, formerly owned by Smt Shankpal Rajani, is classified as residential. This is a valuable opportunity to acquire a property in a key area of Nizamabad. The auction presents a chance to own a piece of real estate with clear legal standing, as it is being auctioned under the SARFAESI Act. The property's location in Shivar. offers potential for both residential use and future development, making it an attractive investment for discerning buyers.
State:Telangana
City:Nizamabad
Area:Shivar.
Asset Category:Residential
Full Address:18(Part), Plot No.18(Part), in Survey No. 1618, admeasuring total site area of 149.16Sq yards or 124.70 sq mtrs situated at Nizamabad shivar, Mandal and District Nizamabad, Shivar, Nizamabad
Size:149.16 sq yards
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Shivar., Nizamabad, Telangana. The auction will take place on 28-11-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this residential asset is ₹46,00,000, and the Earnest Money Deposit (EMD) required is ₹4,60,000. This auction provides a transparent and legally sound process for acquiring the property. Interested bidders should ensure they review all auction terms and conditions prior to participation. Don't miss this opportunity to bid on a property in Nizamabad.
Borrower Name:Smt Shankpal Rajani
Auction Type:SARFAESI Auction
Guarantor Names:Sri Purushottam Mahesh
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property presents a calculated opportunity due to its residential land and building classification within Nizamabad. The reserve price and EMD are relatively high, suggesting potential for appreciation, but require careful assessment of the local market conditions. Given the specifics, it's a calculated risk with moderate potential for return.
Branch:Branch Office : Regional Office, Nizamabad
Service Provider:Public Auction
Contact Details:
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