Property for Auction in Mehbubnagar, Hyderabad, Telangana
Auction ID:557720
Bank Name:Punjab National Bank
Branch Name:Asset Recovery Management Branch Hyderabad
Reserve Price:₹22,50,400
EMD:₹2,25,040
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This auction features a residential plot situated in Mehbubnagar, Hyderabad, Telangana. The property is being auctioned by Punjab National Bank under the SARFAESI Act due to a mortgage by M/s Sundaram Poly Prints. The plot offers a potential for residential development or investment in one of Hyderabad's growing vicinities. Detailed property specifics and location information will be available through the bank's official auction portal. Interested bidders are advised to review all terms and conditions before participating in the auction.
State:Telangana
City:Hyderabad
Area:Mehbubnagar
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a residential plot located in Mehbubnagar, Hyderabad, Telangana. The property was mortgaged by M/s Sundaram Poly Prints. The auction will commence on August 29, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is INR 22,50,400.00, with an Earnest Money Deposit (EMD) of INR 2,25,040.00 required to participate. This is a prime opportunity to acquire a plot in a developing area of Hyderabad.
Borrower Name:M/s Sundaram Poly Prints
Auction Type:SARFAESI Auction
Shri. P.S.Sivadasan, Chief Manager, Mob: 9538536789