7,403.24 sq yard Commercial Building for Auction in Kakatiya Swm Park, Hanumakonda – Indian Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

7,403.24 sq yard (≈ 66,629 sq ft)

Reserve price / sq ft

₹1,009

Locality

Kakatiya Swm Park

City

Hanumakonda

State

Telangana

Pincode

506151

Address

Kakatiya SWM Park, Telangana, 506151 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

HANAMKONDA 100 FT ROAD - 2687

Auction type

SARFAESI Auction

Borrower

M/s R***** P***** A** M/s R**** A*** A*****

Auction start

07 Dec 2026, 10:00 AM

Auction end

07 Dec 2026, 04:00 PM

EMD submission deadline

05 Dec 2026, 05:00 PM

Inspection

03 Nov 2026, 10:00 AM – 05 Dec 2026, 04:00 PM

Authorised officer

PANKAJ KKKAR

Officer contact

9760801232

E-auction portal

BAANKNET (Property ID IDIB8172418570)

Price Check

This listing's reserve price works out to ₹1,009 per sq ft. The average across commercial bank auctions in Hanumakonda on our site is ₹7,952 per sq ft, so this one is 87% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 3 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB8172418570)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 05 Dec 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 7 Dec 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.