Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612101
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,10,00,000
EMD:₹11,00,000
Auction Time:11:00A.M to 11.20A.M
Service Provider:Auctionbazaar
Important Dates
Submission Date:09-12-2025 05:00 PM
Bid Start Date:2025-12-10
Property Description
This is a prime plot located in Amberpet, Hyderabad, Telangana. The property is categorized as residential and is being auctioned by Karnataka Bank under the SARFAESI Act. It presents a great opportunity for investment or development in a well-established area of Hyderabad.
State:Telangana
City:Hyderabad
Area:Amberpet
Asset Category:Residential
Full Address:237, Plot No. 237, in Sy. No. 51, Block-D, Pasumamula Village, Abdullapurmet Revenue Mandal, Pedda Amberpet Municipality, Ranga Reddy District, Pedda Amberpet, Telangana State, Amberpet, Hyderabad
Size:302 Sq. yards
Auction Description
Karnataka Bank is conducting a SARFAESI auction for a residential plot in Amberpet, Hyderabad. The auction will commence on December 10, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this property is ₹1,10,00,000, with an Earnest Money Deposit (EMD) of ₹11,00,000 required to participate. This auction is an excellent chance to acquire a valuable plot of land in Telangana.
Borrower Name:M/s. Sri Rajarajeswara Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Reddisetti Sai Prasad, Mrs. Reddisetti Saritha, Mr. Reddisetti Sai Prasad, Mrs. Reddisetti Saritha, Mrs. Reddisetti Veeramani
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area of Hyderabad. While the location offers potential, the auction terms are standard, and the price reflects market value, making it a calculated investment opportunity. Further due diligence on the land's specific zoning and development potential is recommended.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Auctionbazaar
Contact Details:
Contact no:9603716999
