1,064 sq yard Commercial Building for Auction in Arepally, Hanumakonda – Union Bank

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1,064 sq yard (≈ 9,576 sq ft)

Reserve price / sq ft

₹2,093

Locality

Arepally

City

Hanumakonda

State

Telangana

Pincode

506001

Address

arepally, Hanumakonda, Telangana, 506001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

ARB HYDERABAD-556009

Auction type

SARFAESI Auction

Borrower

M/s S***** R***** & B** P**** Mr. B**** M***** R**** (*****

Auction start

10 Dec 2026, 12:00 PM

Auction end

10 Dec 2026, 05:00 PM

EMD submission deadline

10 Dec 2026, 04:59 PM

Inspection

—

Authorised officer

Yashwant Vadlapati

Officer contact

9949763570

E-auction portal

BAANKNET (Property ID UBINhydarb1618)

Price Check

This listing's reserve price works out to ₹2,093 per sq ft. The average across commercial bank auctions in Hanumakonda on our site is ₹7,952 per sq ft, so this one is 74% 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 (BAANKNET (Property ID UBINhydarb1618)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 10 Dec 2026, 04:59 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.