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Commercial in Bhongir

Bhongir

Reserve price
₹3.96 Cr
Auction date
12 Mar 2026
11:30 AM
EMD deadline
29 Sept 2025
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
All parts and parcel of the Industrial land and building situated at Plot No 2-B admeasuring 2493-87 Sq. Yards or 2085.20 Sq.mtrs in Sy. No:860,situated at IDA Bhongir, near dolphin hotel, Bhongir Village and Mandal, Yadadri Bhuvanagiri Dist , Telangana.
City: Bhongir
District: Yadadri Bhuvanagiri
State: Telangana
Pin Code: 508116
Country: India

Auction timeline

Auction starts
12 Mar 2026 at 11:30 AM
Auction ends
12 Mar 2026 at 12:30 PM
EMD submission deadline
29 Sept 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Godowns
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Others (SALE NOTICE)
Property Price
₹4.88 Cr
Property Identifiers
Bank Property ID
CNRB125189841
Collateral ID
30041570000549

Property Images

Price history

3 previous auctions
₹4.9Cr30 Sep₹4.0Cr₹4.0CrNow 19.0% down
₹3,95,55,000.00
30 Jan 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹4,39,50,000.00
24 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹4,88,33,000.00
30 Sep 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/S LAXMI INDUSTRIES
Registered Address of Borrower
M/S LAXMI INDUSTRIES SY NO 860 PNO 2B 1 A BHONGIR YADADRI TELANGANA 508116
Owner
Smt. KUNDARAPU NAGALAXMI
Ownership of Property
Borrower
Guarantor
Sri. KUNDARAPU RAJA CHARY
NPA Amount
₹2.22 Cr
NPA Date
05 Apr 2010
Ownership Type
Freehold
Title Deed
Others
Asset Type
Immovable
Collateral ID
30041570000549
Customer ID
125189841
Guarantor Address
2 3 676 3 152 LALITHANAGAR RDNO 9 GREENLANDS DHABA NAGOLE, HYDERABAD 500068
Possession Dates
Symbolic
05 Aug 2010

EMD Schedule

EMD Start
19 Feb 2026
1:15 PM
EMD Deadline
11 Mar 2026
5:00 PM
Payment Deadline
29 Sept 2025

Inspection Schedule

Inspection Start
10 Mar 2026
10:00 AM
Inspection End
10 Mar 2026
4:00 PM

Officer Details

Authorized Officer
S NAVEEN
SENIOR MANAGER
Dealing Officer
S NAVEEN

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Others (SALE NOTICE)
Asset Type
Immovable
Collateral ID
30041570000549
Property ID
CNRB125189841
Canara Bank logo
Canara Bank
Verified seller
Branch: HYDERABAD SPECIALISED ARM BRANCH
IFSC: CNRB

Bank contact

+91 99999 99999+91 63001 55549
Branch Address
MCH No.10-3-163 & 10-3-163/A, S D Road, Marredpally, Secunderabad,
Branch IFSC
CNRB0002752
Department
HYDERABAD SPECIALISED ARM BRANCH