Property for Auction in Begumpet, Hyderabad, Telangana
Recommendation:Strong BuyScore: 7.8
Auction ID:610940
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:11:00 AM to 03:00 PM
Service Provider:BAANKNET
Submission Date:2025-12-03
Bid Start Date:2025-12-04
This is a SARFAESI auction for a valuable Land and Building property located in the prime area of Begumpet, Hyderabad, Telangana. Formerly owned by M/s Kaizen Homes, this residential asset presents a significant investment opportunity. The property is being auctioned by Canara Bank. Its strategic location in Begumpet, a well-developed locality, ensures excellent connectivity and access to essential amenities. The auction is conducted under the SARFAESI Act, offering a transparent and efficient sale process.
State:Telangana
City:Hyderabad
Area:Begumpet
Asset Category:Residential
Full Address:1, KAIZEN SUNSHINE, House No.1-10-44/1/G (IVF) PTI No. 1180120127, Begumpet, Hyderabad
Building/Society:KAIZEN SUNSHINE
Size:2944 sft
Canara Bank is conducting an e-auction for a Land and Building property in Begumpet, Hyderabad, Telangana, under the SARFAESI Act. The auction will take place on December 4, 2025, from 11:00 AM to 01:00 PM. The reserve price for this asset is ₹3,73,32,000, with an Earnest Money Deposit (EMD) of ₹37,33,200 required to participate. This is a unique chance to acquire a property in a sought-after location directly from the bank. Interested bidders are advised to review all auction terms and conditions on the bank's portal.
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
The property is a commercial office space in a well-connected area of Hyderabad, making it a potentially lucrative investment. The reserve price seems reasonable given the location and size. The symbolic possession status should be further investigated.
Branch:Branch Office : Regional Office, Nizamabad
Service Provider:BAANKNET
Contact Details:
AVS Sharma
Contact no:9491141105