House SARFAESI Auction Symbolic Possession

194 sq yard House for Auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB

Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal, Telangana · Auction ID #111329

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House for auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB – photo 1
House for auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB – photo 2
House for auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB – photo 3
House for auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB – photo 4
House for auction in Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State, Warangal – IOB – photo 5
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Reserve Price ₹6,40,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 23 Nov 2026, 11:00 AM In 9 days
EMD Last Date 22 Nov 2026, 05:00 PM In 8 days
Area194 sq yard
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
194 sq yard (≈ 1,746 sq ft)
Reserve price / sq ft
₹367
Locality
Gavicherla Village, Sangem Mandal, Warangal District Of Telangana State
Pincode
506310
Address
Gavicherla Village, Sangem Mandal, Warangal District of Telangana State, 506310 View on map

Description (as per sale notice)

All that part and parcel of MT Roof Residencial Building bearing H.No.1-156, having total land extent of 194 SqYds, with a plinth area of 1071 SFT, Situated at Gavicherla Village, Sangem Mandal, Warangal District of Telangana State, Pincode : 506310. (Mortgagor – Mrs. Ravula Sugunamma, W/o. Ravula Narsaiah) Boundaries: North : House of Mr. Ravula Narsaiah South : 12 feet Road East : House of Mr. Ravula Narsaiah West : House of Mr. Ravula Ramachandru

BAANKNET Property ID: IOBA0173NARASIMHAPOULTRY
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Bank & Auction Details

Branch
HANAMKONDA-173
Auction type
SARFAESI Auction
Borrower
NARASIMHA P***** R***** BY I** P***** R***** N*****
Auction start
23 Nov 2026, 11:00 AM
Auction end
23 Nov 2026, 01:00 PM
EMD submission deadline
22 Nov 2026, 05:00 PM
Inspection
04 Nov 2026, 10:00 AM – 21 Nov 2026, 05:00 PM
Authorised officer
Pawan Kumar
Officer contact
9538074696
E-auction portal
BAANKNET (Property ID IOBA0173NARASIMHAPOULTRY)
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Price Check

This listing's reserve price works out to ₹367 per sq ft. The average across residential bank auctions in Warangal on our site is ₹3,342 per sq ft, so this one is 89% 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 4 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID IOBA0173NARASIMHAPOULTRY)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 22 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 23 Nov 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Indian Overseas Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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