Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Commercial Building SARFAESI Auction Symbolic Possession

3,996 sq feet Commercial Building for Sale (Bank Auction) in Hanumakonda – Indian Bank

Hanumakonda, Telangana · Auction ID #59688

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Indicative Price ₹4,13,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area3,996 sq feet

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
3,996 sq feet (≈ 3,996 sq ft)
Reserve price / sq ft
₹10,348
Locality
—
Pincode
506002
Address
Hanumakonda, Telangana, 506002 View on map

Description (as per sale notice)

BAANKNET Property ID: IDIBSAMHCEPL1920

Bank & Auction Details

Bank / Lender
Indian Bank
Branch
SAM LARGE HYDERABAD - 1588
Auction type
SARFAESI Auction
Borrower
A K***** A R*** D**** A H***** A A***** S***** A****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹10,348 per sq ft. The average across commercial bank auctions in Hanumakonda on our site is ₹9,109 per sq ft, so this one is 14% 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 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 IDIBSAMHCEPL1920)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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 Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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