Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:608596
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹2,30,00,000
EMD:₹23,00,000
Bid Increment:₹1,00,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a prime plot of land located in the developing area of Jadcherla, Mahabubnagar, Telangana. The property is being auctioned by Canara Bank under the SARFAESI Act. Situated in a growing locality, this plot offers an excellent opportunity for investment or development. The area is known for its increasing potential and accessibility. Don't miss this chance to acquire a valuable asset in a rapidly appreciating region.
State:Telangana
City:Mahabubnagar
Area:Jadcherla
Asset Category:Residential
Full Address:1, 2, 4, 5, 6, 7, 8 and 9, Plot No's 1, 2, 4, 5, 6, 7, 8 and 9 in Sy.No.632/A and Sy.No.632 part, Polepally Village and Grampanchayat, Jadcherla Mandal, Mahaboobnagar District, Telangana state, Polepally Village, Jadcherla
Size:13180 Sq. Yds
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Jadcherla, Mahabubnagar, Telangana. The auction will commence on November 29, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this opportunity is ₹2,30,00,000, with an Earnest Money Deposit (EMD) of ₹23,00,000. This is a unique chance to bid on a significant property offered by Canara Bank. Ensure all pre-auction formalities are completed to participate.
Borrower Name:Mr. Mohd. Gulam Jeelani
Auction Type:SARFAESI Auction
Guarantor Names:Rahmatunnisa Begum
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The plot offers a decent investment prospect due to its location in Jadcherla and the potential for development. The reserve price, while substantial, reflects the area's value, and the clear auction terms make it an attractive opportunity. Inspection is available, allowing thorough due diligence before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:040-27725283
