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Flat SARFAESI Auction Symbolic Possession

1,200 sq ft Flat for Auction in Hyderabad – Canara

Hyderabad, Telangana · Auction ID #88423

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Flat for auction in Hyderabad – Canara – photo 1
Reserve Price ₹58,41,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 30 Oct 2026, 11:30 AM
EMD Last Date 29 Oct 2026, 05:00 PM
Area1,200 sq ft
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
1,200 sq ft (≈ 1,200 sq ft)
Reserve price / sq ft
₹4,868
Locality
—
Pincode
501505
Address
Hyderabad, Telangana, 501505 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRB00323419683
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
HYDERABAD SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
M N***** R**
Auction start
30 Oct 2026, 11:30 AM
Auction end
30 Oct 2026, 12:30 PM
EMD submission deadline
29 Oct 2026, 05:00 PM
Inspection
28 Oct 2026, 10:00 AM – 28 Oct 2026, 04:00 PM
Authorised officer
V SANDEEP KUMAR
Officer contact
4027725259
E-auction portal
BAANKNET (Property ID CNRB00323419683)
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Price Check

This listing's reserve price works out to ₹4,868 per sq ft. The average across residential bank auctions in Hyderabad on our site is ₹7,467 per sq ft, so this one is 35% 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 28 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB00323419683)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Oct 2026, 05:00 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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