Plot for auction 7 Chengicherla Villa, Medipally, Medchal-Malkajgiri by Phoenix ARC Pri...

Discover a promising real estate investment opportunity with Plot No. 7, located in the growing locale of Chengicherla Village, Medipally Mandal, within the Medchal-Malkajgiri District of Telangana. This parcel of land, measuring 614 square feet, is strategically positioned near BMRS School, offering convenient access and potential for future development. The plot is advantageously situated with a 15-foot wide road on its western and southern boundaries, ensuring good accessibility, while adjacent vacant sites to the east and north offer a sense of open space. As a residential plot, it holds significant potential for building a home or a small-scale development project, catering to the increasing housing demand in the Medipally area. The property's location within Medchal-Malkajgiri district places it in a region experiencing considerable urban expansion and improved infrastructure, making it an attractive proposition for both end-users and property investors seeking value appreciation in Telangana's evolving property market.

This SARFAESI auction presents a unique opportunity to acquire Plot No. 7 in Chengicherla Village, Medipally Mandal, Medchal-Malkajgiri District, Telangana. With a reserve price of ₹3,000,000 and an Earnest Money Deposit (EMD) of ₹300,000, this residential plot offers a competitive entry point for savvy investors and aspiring homeowners. The property spans 614 sq. ft., situated near BMRS School with road access on the East and South, and vacant sites bordering the North and West. This location in Medipally, a developing area within the Medchal-Malkajgiri district, benefits from increasing infrastructure and connectivity. The auction process, managed by bankeauctions.com / C1 India on behalf of Phoenix ARC Private Limited, requires interested bidders to submit their applications by 30-07-2025, with the auction commencing on 31-07-2025 and concluding within an hour. For detailed inquiries, please contact Mr. Rahul R at +91 9567626050, Mr. Sailesh Iyengar at +91 9833801159, or Lopa Joshi at +91 8655458535.