Property for Auction in Marredpally, Secunderabad, Telangana
Auction ID:555972
Bank Name:Debts Recovery Tribunal
Branch Name:New Delhi
Reserve Price:₹5,55,00,000
EMD:₹55,50,000
Service Provider:drt.auctiontiger.net
Submission Date:09-09-2025 05:00 PM
Bid Start Date:11-09-2025 11:00 AM
A valuable residential plot situated in Marredpally, Secunderabad, a sought-after location within Telangana. This plot is being auctioned by the Debts Recovery Tribunal as part of a debt recovery process concerning M/s Basai Steels & Power (P) Ltd. The property offers excellent potential for residential development or investment, benefiting from its strategic location in a developed urban area. Secunderabad is known for its connectivity and infrastructure, making this plot an attractive proposition for buyers seeking a prime real estate asset.
State:Telangana
City:Secunderabad
Area:Marredpally
Asset Category:Residential
This is a Debts Recovery Tribunal (DRT) auction for a residential plot located in the prime area of Marredpally, Secunderabad, Telangana. The property is associated with M/s Basai Steels & Power (P) Ltd. The auction will take place on September 11, 2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this asset is INR 5,55,00,000, and the Earnest Money Deposit (EMD) required is INR 55,50,000. This presents a significant opportunity for investors and developers looking to acquire land in a well-established locality. Interested parties should ensure they meet all the pre-auction requirements set by the Debts Recovery Tribunal.
Borrower Name:M/s Basai Steels & Power (P) Ltd
Auction Type:DRT Auction
Ms. P. Sivakumar AGM-IFCI Ltd. Mobile No : 9951611815