41 sq yd House for Auction in Mahabubabad – Chola

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

41 sq yd (≈ 369 sq ft)

Reserve price / sq ft

₹10,596

Locality

—

City

Mahabubabad

State

Telangana

Address

All that part and parcel of House bearing No.1-56/1 (Assessment No.72), R.C.C. plinth area (including toilets) 900- 00 Sq. Feets, including power and all fittings, land admeasuring to an extent of 720-41 Sq. yards, or 602.35 Sq.Meters, the scheduled property situated at Narayanapuram Gramapanchayath Revenue limits, Kuravi Mandal under the limits of Mahabubabad SRO, Mahabubabad District and bounded as: East: Road, West: House of Ch. Gopaiah, North: Vacant Place belong to1-56/1 & Others, South: Vacant Place belong to1-56/1 Road. Together with the buildings and structures constructed/to be constructed there on and all the fixed and fittings annexed thereto 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

MUTTAIAH G****

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 01:00 PM

EMD submission deadline

19 Nov 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

4Closure · Listing 2432726

Price Check

This listing's reserve price works out to ₹10,596 per sq ft. The average across residential bank auctions in Mahabubabad on our site is ₹8,025 per sq ft, so this one is 32% above 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 2432726), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,91,000 before 19 Nov 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹50,000.
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.