Land for auction Thimmajipet Nagarkurnool 79 lakh Canara Bank

This is a prime land parcel located in Thimmajipet, Nagarkurnool, Telangana. The property is designated for residential use and is being auctioned by Canara Bank under SARFAESI rules. It presents a significant opportunity for developers or individuals looking to acquire land in a developing area. The location offers potential for residential projects or personal use. The land is being sold as-is, and interested parties are encouraged to conduct their own due diligence regarding zoning, land use, and any other relevant aspects.

Canara Bank is conducting an online SARFAESI auction for a valuable land property in Thimmajipet, Nagarkurnool, Telangana. The auction will take place on November 18, 2025, with bidding open from 12:30 PM to 01:30 PM. The reserve price for this land parcel is ₹78,50,000, with an Earnest Money Deposit (EMD) of ₹7,85,000 required to participate. This is a unique opportunity to own land in a growing region. All interested bidders must ensure they have submitted the EMD and necessary documentation prior to the auction start time. Further details regarding the auction process and property can be obtained from Canara Bank.

The land in Thimmajipet offers a decent investment opportunity due to its location and size. The reserve price seems reasonable, but a thorough due diligence is essential. The auction terms are standard, making it a calculated risk for interested buyers.