Property for Auction in Alair, Yadadri Bhuvanagiri, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614512
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹1,56,35,000
EMD:₹15,63,500
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 piece of land situated in Alair, within the Yadadri Bhuvanagiri district of Telangana. Identified as a residential asset, this property is being auctioned under the SARFAESI Act by Canara Bank. The land offers a significant opportunity for development or investment in a growing region. Its location in Alair provides accessibility and potential for future appreciation.
State:Telangana
City:Yadadri Bhuvanagiri
Area:Alair
Asset Category:Residential
Full Address:Sy. Nos. 12/A/6/1, 12/A1/1, 12/A2/1, Kollur Village and Gram panchayat, Alair Mandal, Yadadri Bhuvanagiri Dist., Kollur Village, Alair Mandal, Yadadri Bhuvanagiri
Size:1.37 Ac
Canara Bank is conducting an e-auction for a valuable land parcel under the SARFAESI Act. The auction will commence on November 25, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this asset is set at INR 1,56,35,000, with an Earnest Money Deposit (EMD) of INR 15,63,500 required to participate. This is a direct opportunity to acquire a plot in Yadadri Bhuvanagiri, previously associated with M/s. Bheeshma Jute Industries Pvt Ltd.
Borrower Name:M/s. Bheeshma Jute Industries Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. T Srinivas Reddy, Mrs. T Radha, Mr. T Vishwath Reddy, Mr. Vedantham Srikanth
Possession Status:Symbolic
Encumbrance Details:No Encumbrances Known to Knowledge of the Bank
The land in Alair offers potential for appreciation given its location in Yadadri Bhuvanagiri district. While not a prime investment, the reserve price and auction terms make it a calculated opportunity for those familiar with the local market. Further due diligence is recommended.
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Dattatrey Bajpayee
Contact no:040-27725283