360 sq yard House for Auction in Gorrekunta Village, Geesukonda Mandal, Hanumakonda – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

360 sq yard (≈ 3,240 sq ft)

Reserve price / sq ft

₹6,303

Locality

Gorrekunta Village, Geesukonda Mandal

City

Hanumakonda

State

Telangana

Pincode

506001

Address

Gorrekunta Village, Geesukonda Mandal, Hanumakonda, Telangana, 506001 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. B***** I*****

Auction start

11 Dec 2026, 11:00 AM

Auction end

11 Dec 2026, 03:00 PM

EMD submission deadline

11 Dec 2026, 02:00 PM

Inspection

16 Nov 2026, 11:00 AM – 10 Dec 2026, 03:00 PM

Authorised officer

GANJI PRASAD

Officer contact

9866986725

E-auction portal

BAANKNET (Property ID SBIN30059802390)

Price Check

This listing's reserve price works out to ₹6,303 per sq ft. The average across residential bank auctions in Hanumakonda on our site is ₹3,917 per sq ft, so this one is 61% above 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN30059802390)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 11 Dec 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 11 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.