1,001.64 sq yd Commercial Building for Auction in Karimnagar – Ms G S OILS LIMITED

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

1,001.64 sq yd (≈ 9,014 sq ft)

Reserve price / sq ft

₹2,219

Locality

—

City

Karimnagar

State

Telangana

Address

III. Sy.No. 114 an extent of 1 Ac, Doc. 1683/A/75 situated at Light Industrial Area, Bhukthapur [V], Adilabad [M & Dist.), Telangana State, belonging to Sri. Manoj Kumar S/o Late Govind Agarwal View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Ms G S OILS LIMITED

Branch

Hyderabad

Auction type

IBC Liquidation

Borrower

M/s. G S O*** L*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 01:00 PM

EMD submission deadline

05 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405216

Price Check

This listing's reserve price works out to ₹2,219 per sq ft. The average across commercial bank auctions in Karimnagar on our site is ₹2,580 per sq ft, so this one is 14% 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 2405216), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹20,00,000 before 05 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price, in multiples of ₹2,00,000.
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.