3,146 sq yard Residential Plot for Auction in Medak – IOB

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

3,146 sq yard (≈ 28,314 sq ft)

Reserve price / sq ft

₹864

Locality

—

City

Medak

State

Telangana

Pincode

502110

Address

Medak, Telangana, 502110 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

JUBILEE HILLS , HYD ( SPL PER BANKING )-1570

Auction type

SARFAESI Auction

Borrower

RUDHIRA H***** S*****

Auction start

30 Oct 2026, 11:00 AM

Auction end

30 Oct 2026, 01:00 PM

EMD submission deadline

29 Oct 2026, 11:59 PM

Inspection

29 Sep 2026, 10:00 AM – 29 Oct 2026, 04:00 PM

Authorised officer

ANIL THEJ AGM

Officer contact

9441113340

E-auction portal

BAANKNET (Property ID IOBA1570RHS)

Price Check

This listing's reserve price works out to ₹864 per sq ft. The average across residential bank auctions in Medak on our site is ₹6,399 per sq ft, so this one is 86% 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 29 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA1570RHS)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Oct 2026, 11:59 PM. It is refunded if you don't win.
5. Bid online on 30 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.