242 sq yard House for Auction in Neredcherla, Deccan Cement Factory, Suryapet – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

242 sq yard (≈ 2,178 sq ft)

Reserve price / sq ft

₹2,025

Locality

Neredcherla, Deccan Cement Factory

City

Suryapet

State

Telangana

Pincode

508218

Address

NEREDCHERLA, Deccan Cement Factory, Telangana, 508218 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

CHILLEPALLI-13446

Auction type

SARFAESI Auction

Borrower

LATE CH L*****

Auction start

26 Nov 2026, 11:30 AM

Auction end

26 Nov 2026, 12:30 PM

EMD submission deadline

25 Nov 2026, 05:00 PM

Inspection

10 Nov 2026, 10:00 AM – 25 Nov 2026, 03:00 PM

Authorised officer

BICHYA

Officer contact

9182540089

E-auction portal

BAANKNET (Property ID CNRB00249681621)

Price Check

This listing's reserve price works out to ₹2,025 per sq ft. The average across residential bank auctions in Suryapet on our site is ₹3,025 per sq ft, so this one is 33% 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 10 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB00249681621)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 26 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.