Auction

Immovable/Residential/Rangareddy

Posted: November 9, 2025 Category: Auctions Insights: Your Guide to Bidding and Beyond

Business Standard

Sunitha – Sale Notice, Terms & Conditions

🏦 Event Details

Event Type: SARFAESI
Event No.: 208424
NIT Reference No.: IndusInd Bank Vs M/s. Sunitha Traders
Tender / Event Title: IndusInd Bank Vs M/s. Sunitha Traders
Organising Bank / Institution: IndusInd Bank
Event Branch: IndusInd Bank Limited, Begumpet, Hyderabad – BO

🏠 Property Details

Property Category: Immovable
Property Sub-Category: Residential

Property Description:
Item No. 1 – All that piece and parcel of semi-finished independent house on Plot No.63 (South Part), admeasuring 153.5 Sq. Yds (128.34 Sq. Mtrs), having plinth area of ground floor 810 Sq. Ft., in Survey Nos. 154, 188 & 189 (Parts), situated at Gandhinagar, Sahebnagar Kalan Village, Hayathnagar Revenue Mandal, Ranga Reddy District, under Ward No.5, Block No.2 of G.H.M.C, L.B. Nagar Circle, within Ranga Reddy East Registration District and Vanastalipuram Sub-District, bounded by:

  • East: Plot No.47
  • West: 25′ Wide Road

Together with buildings and structures constructed/to be constructed thereon and all fixtures and fittings annexed thereto.

Borrower’s Name: M/s. Sunitha Traders

πŸ’° Auction Details

Reserve Price: β‚Ή98,46,165.00
Tender Fee: β‚Ή0.00
Price Bid: Applicable
Bid Increment Value: β‚Ή1,00,000.00
Auto Extension Time: 5 minutes
No. of Auto Extensions: Unlimited
Digital Signature (DSC) Required: No

🏦 EMD (Earnest Money Deposit) Details

EMD Amount: β‚Ή9,84,616.00
Deposit Bank Name: IndusInd Bank
Deposit Bank Account No.: 00043564604005
IFSC Code: INDB0000004

πŸ“… Important Dates

Press Release Date: 15 October 2025

Date of Property Inspection:

  • From: 30 October 2025 – 14:00 hrs
  • To: 30 October 2025 – 15:00 hrs

Offer (First Round Quote) Submission Last Date: 10 November 2025 – 16:00 hrs
Offer (First Round Quote) Opening Date: 10 November 2025 – 16:05 hrs

Auction Start Date & Time: 11 November 2025 – 12:00 hrs
Auction End Date & Time: 11 November 2025 – 13:00 hrs

Documents to be Submitted: Pan Card, Annexure 3/Declaration Form, Annexure 2/Details of Bidder, Proof Of Address