Land for auction 2 Mahabubnagar Nagar, Mehbubnagar, Hyderabad by City Union Bank

Property for Auction in Mehbubnagar, Hyderabad, Telangana

Property Type IconProperty Type:
Land
Location IconLocation:
Mehbubnagar, Hyderabad
Auction Date IconAuction Date:
20-02-2025 11:00 AM

Auction Details

Auction ID:444570

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:55,00,000

EMD:5,50,000

Service Provider:Public Auction

Important Dates

Submission Date:19-02-2025 05:00 PM

Bid Start Date:20-02-2025 11:00 AM

Property Description

This offering features a land parcel of 0.20 Guntas, strategically located within the Mehbubnagar area of Hyderabad, Telangana. The specific address is within Vemulnarva Grama, D.No. 57/8/AA/4/1, falling under Vemulnarva Gram Panchayat and Kesampet Mandal. Its boundaries are clearly defined, with the Shadnagar Kesampet Road forming the northern boundary, and the lands of T. Sumath Reddy and Syamala Ramaiah marking the eastern and western edges, respectively. The southern boundary is marked by land belonging to Thotapali Chandramma. This location benefits from its proximity to essential infrastructure and transport links via the Shadnagar Kesampet Road, presenting a promising prospect for residential or commercial development. The surrounding area is indicative of growth and potential appreciation, making this land a compelling acquisition for astute investors and new property buyers seeking to enter the Hyderabad real estate market.

State:Telangana

City:Hyderabad

Area:Mehbubnagar

Asset Category:Residential

Auction Description

This auction presents a unique opportunity to acquire a parcel of land located in Mehbubnagar, Hyderabad, Telangana. The property, situated at Vemulnarva Grama, D.No. 57/8/AA/4/1 within Vemulnarva Gram Panchayat, Kesampet Mandal, is ideally positioned with notable boundaries including the Shadnagar Kesampet Road to the north and adjacent land parcels belonging to T. Sumath Reddy to the east and Syamala Ramaiah to the west. The land measures 0.20 Guntas and is offered by City Union Bank through a SARFAESI auction. The auction will take place on 20-02-2025, with bidding open from 11:00 AM to 01:00 PM. For interested buyers, the application submission deadline is 19-02-2025 by 05:00 PM. A reserve price of ₹55,00,000 and an Earnest Money Deposit (EMD) of ₹5,50,000 are set for this sale. This land offers significant potential for development and investment in a growing region of Hyderabad.

Borrower Name:M/s. Gayathri Cotton Ginning Mills

Auction Type:SARFAESI Auction

Contact Details

Cell No.7305049122

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