632.06 sq yard Residential Plot for Auction in Basar, Niramal District, Nirmal – SBI

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

632.06 sq yard (≈ 5,688 sq ft)

Reserve price / sq ft

₹914

Locality

Basar, Niramal District

City

Nirmal

State

Telangana

Pincode

504106

Address

BASAR, NIRAMAL DISTRICT, Nirmal, Telangana, 504106 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB - II HYDERABAD-20945

Auction type

SARFAESI Auction

Borrower

M/s K***** C***** T***** C***** P**** J***** G***** R**

Auction start

10 Dec 2026, 11:00 AM

Auction end

10 Dec 2026, 04:00 PM

EMD submission deadline

10 Dec 2026, 03:00 PM

Inspection

06 Nov 2026, 11:00 AM – 08 Dec 2026, 05:00 PM

Authorised officer

k.parameswara rao

Officer contact

9866089108

E-auction portal

BAANKNET (Property ID SBIN7862226263)

Price Check

This listing's reserve price works out to ₹914 per sq ft. The average across residential bank auctions in Nirmal on our site is ₹4,826 per sq ft, so this one is 81% 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 6 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN7862226263)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 10 Dec 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 10 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.