1,120 sq ft Flat for Auction in Medchal-Malkajgiri – DCB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

1,120 sq ft

Reserve price / sq ft

₹3,393

Locality

—

City

Medchal-Malkajgiri

State

Telangana

Address

All That The Semi-Finished Flat No.G-1 On Ground Floor, Having Built-Up Area Of 1120 Square Feet (Including Common Areas), And Car Parking Space Area Of 100 Square Feet, Together With Undivided Share Land Area Of 31 Square Yards Or 25.925 Square Meters, (Out Of 266.66 Square Yards), In The Apartment Known As "Laxminarayana Home", Constructed In Premises House No.8-7-194/13, On Plot No.13, In Survey Nos.65, 66 67, Situated At Old Bowenpally Village, Under Ghmc Kukatpally Circle, Balanagar Mandal, Medchal-Malkajgiri District, Telangana State And Bounded As Follows:North: Open To Sky; South: Open To Sky; East: Open To Sky; West: Corridor. (The Secured Assets) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

DCB Bank

Branch

Banjara Hills,Hyderabad

Auction type

SARFAESI Auction

Borrower

Mr B***** S*****

Auction start

28 Nov 2026, 11:30 AM

Auction end

28 Nov 2026, 01:00 PM

EMD submission deadline

27 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2429721

Price Check

This listing's reserve price works out to ₹3,393 per sq ft. The average across residential bank auctions in Medchal-Malkajgiri on our site is ₹7,167 per sq ft, so this one is 53% 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 (4Closure · Listing 2429721), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,80,000 before 27 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 28 Nov 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.