Property for Auction in Patancheru Mandal, Sangareddy, Telangana
Recommendation:Strong BuyScore: 7.5
Auction ID:613374
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹2,39,68,125
EMD:₹23,96,813
Bid Increment:₹1,00,000
Auction Time:11 AM to 01 PM
Service Provider:Public Auction
Submission Date:2025-12-08
Bid Start Date:2025-12-09
A prime plot located in the industrially significant Patancheru Mandal of Sangareddy, Telangana. This residential plot, offered by U GRO CAPITAL LIMITED, presents a valuable opportunity for development or investment in a rapidly growing region. Situated in Sangareddy, the area benefits from robust infrastructure and connectivity, making it an attractive location for future expansion. The property is being auctioned under the SARFAESI Act, providing a clear title and a straightforward transaction process. Ideal for builders, developers, or individuals seeking to own a piece of this developing area.
State:Telangana
City:Sangareddy
Area:Patancheru Mandal
Asset Category:Residential
Full Address:6-16/1, House No.6-16/1 & Assessment No. 1345, Bhanur Village, Patancheru Mandal, Sangareddy District, Telangana State, Patancheru Mandal, Sangareddy
Size:1000 Square Yards
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a residential plot in Patancheru Mandal, Sangareddy, Telangana. The auction will take place on December 9, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is set at ₹2,39,68,125, with an Earnest Money Deposit (EMD) of ₹23,96,813 required to participate. This is a fantastic chance to acquire a plot in a key economic zone. Prospective bidders are advised to review all auction terms and conditions. Don't miss this opportunity to invest in Sangareddy's thriving property market.
Borrower Name:M/s RADAR MOTORS
Auction Type:SARFAESI Auction
Guarantor Names:ASHOK REDDY DEVIREDDY, RADAR CYCLES, SRI BHARGAVI REDDY MUNNANGI
Possession Status:Physical
Encumbrance Details:Not Known to Bank
This plot in Patancheru offers a promising investment due to its size and location in a developing area. The reserve price appears reasonable, and the auction terms are standard, making it a potentially strong buy for investors looking for land assets. Further due diligence is recommended to assess the local market and development prospects.
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Deepu Divakar
Contact no:9731972002