Property for Auction in patancheru, Medak, Telangana
Auction ID:434602
Bank Name:Canara Bank
Branch Name:SAM BRANCH, SECUNDERABAD
Reserve Price:₹65,55,00,000
EMD:₹6,55,50,000
Service Provider:BAANKNET
Submission Date:11-02-2025 05:00 PM
Bid Start Date:12-02-2025 11:30 AM
This upcoming bank auction, facilitated by Canara Bank, offers a prime plot of land for discerning investors and new property buyers. The property is an open land parcel spanning an impressive 15.08 acres, located in Isnapur village within the Patancheru Mandal of Medak District, Telangana. Patancheru is a well-established industrial hub with burgeoning residential development, making this location highly attractive for various real estate ventures. The land is strategically positioned with clear demarcations, facilitating easy planning and development. The auction is scheduled to take place on February 12, 2025, with bidding commencing at 11:30 AM and concluding at 12:30 PM on the same day. Prospective bidders are advised to submit their applications by February 11, 2025, at 5:00 PM. For further inquiries, interested parties can reach out to the provided contact numbers: 9848174804 or 9963737045. This is an excellent chance to acquire a significant land asset in a growth-oriented area.
State:Telangana
City:Medak
Area:patancheru
Asset Category:Residential
This SARFAESI auction presents a significant opportunity to acquire a substantial parcel of land measuring approximately 15.08 acres (73568 Sq. Yards) located in Isnapur village, Patancheru Mandal, Medak District, Telangana. Situated in an area known for its industrial and residential development potential, this property offers a strategic investment for developers and businesses alike. The land is part of Survey Numbers 192/A, 192/AA, 192/E, and 192/EE, with clear boundaries described as bordering land owned by Sri Komati Yellaiah & others to the north, an internal road and land of Sri Srinivas Gupta to the south, Agro Factory boundary and a road to the east, and a portion of land in Sy No. 192 part of Jangam Gopi to the west. The reserve price for this valuable asset is set at ₹65.55 Crores, with an Earnest Money Deposit (EMD) of ₹6.55 Crores required to participate. This is a direct opportunity to own a large tract of land in a rapidly growing region of Telangana.
Borrower Name:M/s. GJS INFRATECH PRIVATE LIMITED
Auction Type:SARFAESI Auction
Contact No : 9848174804/9963737045