Property for Auction in Thorrur, Mahabubabad, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614509
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹72,23,000
EMD:₹7,22,300
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This offering presents a prime Land and Building asset in Thorrur, Mahabubabad, Telangana. Categorized as residential, this property is brought to auction by Canara Bank under SARFAESI provisions. The property is associated with the borrower M/s. SHIVA GANGA WATER PLANT. It offers a significant opportunity for investment in a developing region. Ideal for those seeking to acquire a substantial land parcel with an existing building structure.
State:Telangana
City:Mahabubabad
Area:Thorrur
Asset Category:Residential
Full Address:SURVEY NO.502/A, SITUATED NEAR SHARAN SCHOOL, GHOSHALA, Thorrur, Mahabubabad
Size:427 SQ. YDS
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Thorrur, Mahabubabad, Telangana. The auction will take place on 25-11-2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹72,23,000, with an Earnest Money Deposit (EMD) of ₹7,22,300 required to participate. This is a unique opportunity to acquire a valuable asset through a transparent bidding process.
Borrower Name:M/s. SHIVA GANGA WATER PLANT
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:No Encumbrances Known to Knowledge of the Bank
The property presents a calculated opportunity due to its commercial nature and location in Thorrur. While the water plant facility adds potential, the auction terms and reserve price warrant careful consideration. Further due diligence regarding the existing infrastructure and market demand in the area is advised.
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Dattatrey Bajpayee
Contact no:040-27725283