Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:612153
Bank Name:Debts Recovery Tribunal
Branch Name:Hyderabad
Reserve Price:₹6,98,000
EMD:₹69,800
Bid Increment:₹10,000
Auction Time:11:00 AM onwards
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This is a vehicle auction being conducted by the Debts Recovery Tribunal in Abdullapurmet, Ranga Reddy, Telangana. The asset category is Vehicle Auctions. The borrower for this asset is Sri V. Patrvatalu.
State:Telangana
City:Ranga Reddy
Area:Abdullapurmet
Asset Category:Vehicle Auctions
Full Address:M/s. R.R.Enterprises, Opp: Ramoji Film Studio, Abdullapurmet, Ranga Reddy
Auction Description
The Debts Recovery Tribunal is holding an online auction for a vehicle in Abdullapurmet, Ranga Reddy, Telangana. The auction starts on November 17, 2025, at 11:00 AM and ends on the same day at 01:00 PM. The reserve price for this DRT Auction is ₹698,000, with an Earnest Money Deposit (EMD) of ₹69,800.
Borrower Name:Sri V. Patrvatalu
Auction Type:DRT Auction
Legal Details
Possession Status:As is where is basis
Encumbrance Details:Not Known to Bank
Why This Property
The Kobelco Excavator presents a calculated opportunity due to its specialized nature and location. The reserve price and EMD are reasonable, but potential buyers should thoroughly inspect the vehicle. This auction requires specialized knowledge and carries a moderate risk.
Contact Details
Branch:Branch Office : Hyderabad
Service Provider:Public Auction
Contact Details:
Jitendra Kumar
Contact no:6304903740
