Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614515
Bank Name:Canara Bank
Branch Name:ARM BRANCH : Secundrabad
Reserve Price:₹70,50,000
EMD:₹7,05,000
Auction Time:11:30 A.M. to 12:30 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime residential plot located in Wanaparthy, Telangana. The property is being auctioned by Canara Bank under the SARFAESI Act. It's an excellent opportunity for investors or individuals looking to build their dream home in a developing area.
State:Telangana
City:Wanaparthy
Area:Wanaparthy
Asset Category:Residential
Full Address:4, Residential plot bearing No.4, in Sy Nos 936/B1/1, 937/A2, 936/B2/1, 937/A/1/2, 936/2/2/1,937/A/1/1/2,936/2/2/2TLP No. 007024/LO/DTCP/3067/0015/2022 & Nala Order Proceeding No.21000495303, Near PANGAL Road, Wanaparthy, Wanaparthy
Size:250.00 Sq Yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Wanaparthy, Telangana. The auction has a reserve price of INR 70,50,000 and requires an EMD of INR 7,05,000. Bidders can participate in the auction on 25-11-2025 between 11:30 AM and 12:30 PM. This is a unique chance to acquire property directly from the bank.
Borrower Name:Sri. MALLISETTY SHIVA SHANKAR
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:No Encumbrances Known to Knowledge of the Bank
Why This Property
The property represents a calculated opportunity due to its location in Wanaparthy, a developing area. The reserve price is moderate, and while the auction terms are standard, prospective buyers should conduct thorough due diligence. This plot could yield good returns with strategic investment.
Contact Details
Branch:Branch Office : ARM BRANCH : Secundrabad
Service Provider:BAANKNET
Contact Details:
Dattatrey Bajpayee
Contact no:040-27725283
