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Commercial Building SARFAESI Auction

200 sq yd Commercial Building for Auction in Karimnagar – Kotak

Karimnagar, Telangana · Auction ID #4509

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Reserve Price ₹50,00,000
EMD (Earnest Money)₹5,00,000
Bid Increment₹1,00,000
Auction Date 07 Oct 2026, 01:00 PM In 5 days
EMD Last Date 06 Oct 2026, 04:00 PM In 4 days
Area200 sq yd

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
200 sq yd (≈ 1,800 sq ft)
Reserve price / sq ft
₹2,778
Locality
—

Description (as per sale notice)

Lot No.2: All that piece and parcel of Semi Finished Commercial Building bearing H.No.8-2-9 on Plot No. 51 in the land admeasuring 200.0 Sq Yds or 167.22 Sq.Mtrs, in Sy No.29 & 30 situat- ed at Gowthaminagar Karimnagar Town & Locality, Municipal Corporation, Karimnagar District and having the following boundaries: East: 15-00 Wide Road, West House of Pendyala Lingamma, North: House of Sankati Laxmamma, South: 15-00 Wide Road.

Bank & Auction Details

Bank / Lender
Kotak Mahindra Bank
Branch
Kotak Mahindra Bank Ltd. Somajiguda, Hyderabad ( SME Corporate Legal ) - BO
Auction type
SARFAESI Auction
Borrower
M/s. M***** T*****
Auction start
07 Oct 2026, 01:00 PM
Auction end
07 Oct 2026, 02:00 PM
EMD submission deadline
06 Oct 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
View official sale notice

Price Check

This listing's reserve price works out to ₹2,778 per sq ft. The average across commercial bank auctions in Karimnagar on our site is ₹2,580 per sq ft, so this one is 8% 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 (open notice).
  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 (C1 India (bankeauctions.com)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹5,00,000 before 06 Oct 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 7 Oct 2026 starting above the reserve price, in multiples of ₹1,00,000.
  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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Kotak Mahindra Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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