47.66 sq yd Flat for Auction in Medchal-Malkajgiri – GIC HFL

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

47.66 sq yd (≈ 428 sq ft)

Reserve price / sq ft

₹6,007

Locality

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City

Medchal-Malkajgiri

State

Telangana

Address

"All That The Piece And Parcel Of The Residential Flat No.201 In The Second Floor With A Built Up Area Of 909 Sq. Feet (Including Common Areas And One Car Parking Area) Along With Undivided Share Of Land Admeasuring 47.66 Sq. Yards, Out Of 286 Sq. Yards, In The Building Known As 'Sai Shoba Court', On Premises Bearing Plot No. 145, In Part Of Survey Nos. 44,46,72 And 76, Situated At Ratna Rechs Enclave, Turkapally Village, Near Bolarum Railway Station, Malkajgiri Mandal, Medchal-Malkajgiri District, Under Ghmc Alwal Circle And Bounded By: Flat Bounded By North: Open To Sky,, South: Open To Sky, East: Open To Sky, West: Corridor, Lift & Staircase:" View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

GIC Housing Finance

Branch

Hyderabad Branch

Auction type

SARFAESI Auction

Borrower

MR.J K C*****

Auction start

20 Nov 2026, 03:00 PM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

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E-auction portal

4Closure · Listing 2454242

Price Check

This listing's reserve price works out to ₹6,007 per sq ft. The average across residential bank auctions in Medchal-Malkajgiri on our site is ₹7,167 per sq ft, so this one is 16% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (4Closure · Listing 2454242), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,57,670 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.