Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614292
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹5,76,00,000
EMD:₹57,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a prime plot located in the bustling area of Balanagar, Medchal-Malkajgiri, Telangana. Ideal for residential development, this plot offers a fantastic investment opportunity in a rapidly growing region. The property is being auctioned by Canara Bank under the SARFAESI Act.
State:Telangana
City:Medchal-Malkajgiri
Area:Balanagar,
Asset Category:Residential
Full Address:1-11-256/K/2, Premises bearing No.1-11-256/K/2 with PTI No. 1180101520, Bhagvanthapur, Near Old Airport, Begumpet Paigah(V), Balanagar(M), Medchal-Malkajgiri(D), Telengana-500 016, Balanagar, Medchal-Malkajgiri
Size:400.00 square yard
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable residential plot in Balanagar, Medchal-Malkajgiri, Telangana. The auction has a reserve price of ₹5,76,00,000 and requires an EMD of ₹57,60,000. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. This is a unique chance to acquire a significant asset from M/s Safe Stone Infra Equipments Private limited.
Borrower Name:M/s Safe Stone Infra Equipments Private limited
Auction Type:SARFAESI Auction
Why This Property
The property, a plot in Balanagar, presents a calculated opportunity due to its location and size. The reserve price reflects its potential, while the auction terms require careful consideration. This property is suitable for investors familiar with the local market.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
