315 sq yard Residential Plot for Auction in Siddipet – Indian Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

315 sq yard (≈ 2,835 sq ft)

Reserve price / sq ft

₹2,363

Locality

—

City

Siddipet

State

Telangana

Pincode

502103

Address

Siddipet, Telangana, 502103 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

SVN ROAD BRANCH, WARANGAL - 6826

Auction type

SARFAESI Auction

Borrower

M/S D***** O***** M*** P** L**

Auction start

20 Nov 2026, 10:00 AM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

20 Nov 2026, 04:00 PM

Inspection

05 Nov 2026, 08:00 AM – 19 Nov 2026, 04:00 PM

Authorised officer

PREETHI

Officer contact

9150883515

E-auction portal

BAANKNET (Property ID IDIB07703048842A)

Price Check

This listing's reserve price works out to ₹2,363 per sq ft. The average across residential bank auctions in Siddipet on our site is ₹3,060 per sq ft, so this one is 23% 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 5 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB07703048842A)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 20 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.