Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609549
Bank Name:Liquidation E-Auction
Branch Name:Chennai
Reserve Price:₹2,71,79,000
EMD:₹27,17,900
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This offering features industrial land located in Sankarapatnam, Karimnagar, Telangana. This is a liquidation auction of assets belonging to M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation). The property is categorized as industrial, presenting a potential opportunity for industrial development or related ventures. The land is situated in a region conducive to industrial activities within Telangana.
State:Telangana
City:Karimnagar
Area:Sankarapatnam
Asset Category:Industrials
Full Address:A. Quarry lease for colour granite over an extent of 1.44 hects, in Sy No. 553 of Kothagattu Village, Sankarapatnam Mandal, Karimnagar District, Telangan B. Quarry colour granite over an extent of 1.80 hects in Sy No. 552 and 573 (18.269946N and 79.32707E) of Kothagattu Village, Sankarapatnam Mandal, Karimnagar Telangana State C. Quarry lease for colour granite over an extent of 3.33 hects, in Sy No. 499P and 551 of Kothagattu Village, Sankarapatnam Mandal, Karimnagar District, Telangana State, Sankarapatnam, Karimnagar
Auction Description
This is a Liquidation E-Auction for industrial land in Sankarapatnam, Karimnagar, Telangana. The auction is being conducted by Liquidation E-Auction for the assets of M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation). The reserve price is ₹2,71,79,000, with an Earnest Money Deposit (EMD) of ₹27,17,900 required to participate. The auction will be held online, starting on November 24, 2025, at 12:00 PM and concluding at 02:00 PM on the same day. Interested parties are advised to review all auction terms and conditions before bidding.
Borrower Name:M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial land with granite stock, which presents a potential opportunity for the right investor. However, the location and specific market conditions warrant careful consideration. The auction terms are standard, making it a calculated risk investment.
Contact Details
Branch:Branch Office : Chennai
Service Provider:BAANKNET
Contact Details:
Sudhanshu Pandey
Contact no:+91-9821916190
