Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609545
Bank Name:Liquidation E-Auction
Branch Name:Chennai
Reserve Price:₹5,13,14,000
EMD:₹25,66,000
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 auction features a prime plot of industrial land located in Sankarapatnam, Karimnagar, Telangana. Suitable for industrial development, this property offers a significant opportunity for investment in a developing region. The land is part of a liquidation process, presenting a unique chance to acquire a valuable asset.
State:Telangana
City:Karimnagar
Area:Sankarapatnam
Asset Category:Industrials
Full Address:Sy No. 499P and 551 of Kothagattu Village, Sankarapatnam Mandal, Karimnagar District, Telangana State, Sankarapatnam, Karimnagar
Size:3.33 hects.
Auction Description
This is a Liquidation E-Auction for industrial land in Sankarapatnam, Karimnagar, Telangana. The auction will be conducted online by Liquidation E-Auction. The reserve price is INR 5,13,14,000, with an Earnest Money Deposit (EMD) of INR 25,66,000 required to participate. The auction starts on November 24, 2025, at 12:00 PM and concludes at 02:00 PM on the same day. The property belongs to M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation).
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 industrial land in Karimnagar presents a calculated opportunity due to its potential for granite extraction. With a reserve price of ₹51,314,000, investors should carefully assess the market demand and extraction costs. The location in Telangana offers strategic advantages, but thorough due diligence is crucial before bidding.
Contact Details
Branch:Branch Office : Chennai
Service Provider:BAANKNET
Contact Details:
Sudhanshu Pandey
Contact no:9821916190
