2,338.87 sq ft Commercial Building for Auction in Medchal-Malkajgiri – Chola

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

2,338.87 sq ft

Reserve price / sq ft

₹8,380

Locality

—

City

Medchal-Malkajgiri

State

Telangana

Address

Schedule Property No.2: All that the entire Second Floor of the Commercial Building, bearing Municipal No.25-40/32/3/3 (PTIN No. 1170605254), consisting 2338.87 Sq. feet, of built-up area, at premises No.25-40/32/36, (Old No. 45-100/46 Part), on Plot No.46, together with an undivided share of 107.66 Sq. yds or 90.00 Sq. Mtrs, out of its total land area of 323 Sq. Yds, or 270 Sq. Mtrs, under Survey No.565/1-3, situated at abutting Main Road, NMDC Colony, East Anandbagh, Malkajgiri Village, within the limits of Grater Hyderabad Municipal Corporation, Malkajgiri Circle, Medchal-Malkajgiri District having The Entire Second Floor Bounded By: North: Approach Passage & Staircase, South: Open to Sky, East: Open to Sky, West: Open to Sky. The Entire Building Bounded By: North: 100.0" Wide Road, South: Manjeera Homes, H.No.25-40/32/77/1, East: House on Plot No.47, West: Manjeera Classics, H.No.25-32/777/1, "Together with the buildings and structures constructed to be constructed there on and all the fixed and fittings annexed thereto. (Symbolic Possession) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Rasoolpura, Secundrabad

Auction type

SARFAESI Auction

Borrower

Gudla J*****

Auction start

23 Oct 2026, 11:00 AM

Auction end

23 Oct 2026, 01:00 PM

EMD submission deadline

22 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2415097

Price Check

This listing's reserve price works out to ₹8,380 per sq ft. The average across commercial bank auctions in Medchal-Malkajgiri on our site is ₹8,380 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 (bankauctions.in (4Closure) · Listing 2415097), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹19,60,000 before 22 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 23 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.