1.3 acres Industrial Plot for Auction in Sirpur Khgaznagar, Kagaznagar, Asifabad – PNB

Property Details

Property type

Industrial Plot (Industrial)

Possession

Symbolic Possession

Area

1.3 acres (≈ 56,628 sq ft)

Reserve price / sq ft

₹336

Locality

Sirpur Khgaznagar, Kagaznagar

City

Asifabad

State

Telangana

Pincode

504296

Address

SIRPUR KHGAZNAGAR, Kagaznagar, Telangana, 504296 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB HYDERABAD 473200

Auction type

SARFAESI Auction

Borrower

TELANGANA A*** I*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 10:00 AM

Inspection

—

Authorised officer

A.MURALI MOHAN, SENIOR MANAGER

Officer contact

9849526884

E-auction portal

BAANKNET (Property ID PUNBU0A82213561)

Price Check

This listing's reserve price works out to ₹336 per sq ft. The average across industrial bank auctions in Asifabad on our site is ₹335 per sq ft, so this one is 0% 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 PUNBU0A82213561)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 10:00 AM. It is refunded if you don't win.
5. Bid online on 6 Oct 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.