Property for Auction in Sankarapatnam, Karimnagar, Telangana
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609544
Bank Name:Liquidation E-Auction
Branch Name:Chennai
Reserve Price:₹2,76,22,000
EMD:₹13,81,000
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-21
Bid Start Date:2025-11-24
A significant opportunity to acquire industrial land in Sankarapatnam, Karimnagar, Telangana. This property is being offered as part of a liquidation auction by Liquidation E-Auction. Situated in a key industrial region, this land presents potential for various development projects. The borrower for this asset was M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation). This is a prime chance to invest in industrial real estate in a growing area.
State:Telangana
City:Karimnagar
Area:Sankarapatnam
Asset Category:Industrials
Full Address:Sy No. 552 and 573 (18.269946N and 79.32707E) of Kothagattu Village, Sankarapatnam Mandal, Karimnagar
Size:1.80 hects
Liquidation E-Auction presents an online auction for industrial land located in Sankarapatnam, Karimnagar, Telangana. The auction will be held on November 24, 2025, starting at 12:00 PM and concluding at 02:00 PM. The reserve price is set at ₹2,76,22,000, with an Earnest Money Deposit (EMD) of ₹13,81,000 required to participate. This is a liquidation auction, offering a unique chance to acquire valuable industrial property.
Borrower Name:M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation)
Auction Type:Liquidation Auction
Encumbrance Details:Not Known to Bank
The industrial land offers potential in a developing area, but the auction terms and location require careful evaluation. The reserve price seems reasonable, and further due diligence is crucial to assess the mining lease's viability. This represents a calculated opportunity for informed investors.
Branch:Branch Office : Chennai
Service Provider:BAANKNET
Contact Details:
Sudhanshu Pandey
Contact no:+91-9821916190