1,484 sq ft Flat for Auction in Nizamabad – Dhanlaxmi

Property Details

Property type

Flat (Residential)

Possession

Not specified

Area

1,484 sq ft

Reserve price / sq ft

₹1,934

Locality

—

City

Nizamabad

State

Telangana

Pincode

503002

Address

Residential Flat bearing No.507, 4th Floor, ACR Towers having an Plinth area of 1484 Sq.ft along with undivided share of 44 Sq. Yards along with the Car parking and unspecified area out of 1762.22 Sq.yds of being constructed on the Plot No:17,18 &19 of LP No: 15/2005/HRO/H1 and Plot No: (11/part,18/part,19&20) of LP No: 45/2005/HRO/H1 being part of land comprised in Sy Nos 250/A,250/AA, 251/AA2, 251/E &251/IE of Kanteshwar shivar, Situated in Ward No.11), Block no(2), Near New Housing Board colony, bearing MPL No.11-1-KA0016, Maruthi Nagar, Kanteshwar, Nizamabad, Telangana 503002 Boundaries for entire land as per Sale Deed North: 40-0 Wide Road South: Part of Plot Nos.11 and 18 East : 40-0 Wide Road, West:40-0 Wide Road Boundaries of Flat No.507 in 4th Floor North: Open to Sky South : 6-00 Wide Corridor, East : 4-00 Wide Corridor, West : Open to Sky and Tot Lot Area View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Dhanlaxmi Bank

Branch

Nizamabad

Auction type

SARFAESI Auction

Borrower

Mr G***** S*****

Auction start

30 Sep 2026, 01:00 PM

Auction end

30 Sep 2026, 03:00 PM

EMD submission deadline

29 Sep 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2394655

Price Check

This listing's reserve price works out to ₹1,934 per sq ft. The average across residential bank auctions in Nizamabad on our site is ₹2,571 per sq ft, so this one is 25% 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 (bankauctions.in (4Closure) · Listing 2394655), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,87,000 before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 2026 starting above the reserve price, in multiples of ₹10,000.
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.