Plot for auction 2 Nagaram Villa, Keesara, Medchal-Malkajgiri by Edelweiss Asset Reconstru

Property for Auction in Keesara, Medchal-Malkajgiri, Telangana

Property Type IconProperty Type:
Plot
Location IconLocation:
Keesara, Medchal-Malkajgiri
Auction Date IconAuction Date:
04-03-2025 11:00 AM

Auction Details

Auction ID:434491

Bank Name:Edelweiss Asset Reconstruction Company Limited

Branch Name:Retail Central & Regd. Office: Mumbai

Reserve Price:72,00,000

EMD:7,20,000

Service Provider:edelweiss arc

Important Dates

Submission Date:03-03-2025 05:00 PM

Bid Start Date:04-03-2025 11:00 AM

Property Description

Discover a promising opportunity in Medchal-Malkajgiri with this residential plot, House No.1-54/7/2, situated on a part of Plot No.20, admeasuring 160 Sq.yds within the serene Kamala Bai Colony Block -A. Located in Nagaram Village and Gram Panchayat, Keesara Mandal, this property benefits from its strategic position within a developing urban landscape in Telangana. The plot boasts clear boundaries, with a 40-foot wide road to the North, neighbor's land to the South, and parts of Plot No.20 defining its East and West sides, ensuring easy access and demarcation. Ideal for constructing a dream home or as a strategic investment in a burgeoning area, this plot offers the potential for significant appreciation given Medchal-Malkajgiri's growth trajectory. Its residential zoning makes it highly desirable for those looking to establish roots or expand their real estate portfolio in a well-connected locality.

State:Telangana

City:Medchal-Malkajgiri

Area:Keesara

Asset Category:Residential

Auction Description

This residential plot in Keesara presents an exceptional opportunity for aspiring homeowners and investors to acquire property through a transparent and streamlined SARFAESI auction. Conducted by Edelweiss Asset Reconstruction Company Limited, this e-auction mandates a Reserve Price of ₹7,200,000.00, with an Earnest Money Deposit (EMD) of ₹720,000.00 required to participate. Prospective bidders must submit their applications by 03-03-2025 at 05:00 PM. The bidding window opens on 04-03-2025 at 11:00 AM and closes promptly at 01:00 PM on the same day. Bank auctions are renowned for their clear titles and potential for competitive pricing, making them an attractive avenue for acquiring valuable assets. For any further assistance or clarification regarding the process, interested parties can reach out via mobile at 9160005011, 9160005001, or 9160005009.

Borrower Name:Mr. Kaki Pavan kumar

Auction Type:SARFAESI Auction

Contact Details

Contact Mobile No : 9160005011 / 01 / 09

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