Property for Auction in Begumpet, Hyderabad, Telangana
Recommendation:Strong BuyScore: 7.8
Auction ID:610939
Bank Name:Canara Bank
Branch Name:Regional Office, Nizamabad
Reserve Price:₹3,73,32,000
EMD:₹37,33,200
Bid Increment:₹1,50,000
Auction Time:11.00AM to 3.00PM
Service Provider:BAANKNET
Submission Date:2025-12-03
Bid Start Date:2025-12-04
Prime land and building situated in the well-connected area of Begumpet, Hyderabad, Telangana. This asset, part of a SARFAESI auction by Canara Bank, presents a significant investment opportunity. The property is ideal for residential development or commercial use, benefiting from its strategic location within a bustling urban center. Don't miss the chance to acquire a valuable piece of real estate in one of Hyderabad's prominent locales. The auction is being conducted by Canara Bank for the property previously belonging to M/s Kaizen Homes.
State:Telangana
City:Hyderabad
Area:Begumpet
Asset Category:Residential
Full Address:1, KAIZEN SUNSHINE, House No.1-10-44/1/F(TF) PTI No. 1180120126, Begumpet Hyderabad, Begumpet, Hyderabad
Building/Society:KAIZEN SUNSHINE
Size:2944 sft
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Begumpet, Hyderabad. The auction will take place on December 4, 2025, from 11:00 AM to 01:00 PM. The reserve price for this valuable asset is ₹3,73,32,000, with an Earnest Money Deposit (EMD) of ₹37,33,200 required to participate. This is a unique opportunity to bid on a significant property in Telangana. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank.
Borrower Name:M/s Kaizen Homes
Auction Type:SARFAESI Auction
Guarantor Names:Kambhampati Madhusudhana Rao, Kambhampati Dharani
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Located in Begumpet, a prime commercial area in Hyderabad, this office space presents a solid investment opportunity. The property's size, coupled with its location and available parking, makes it an attractive prospect. Auction terms are standard, but due diligence is advised given the symbolic possession status.
Branch:Branch Office : Regional Office, Nizamabad
Service Provider:BAANKNET
Contact Details:
AVS Sharma
Contact no:9491141105