Auction

Immovable/House/Ranga Reddy

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

Sunitha – Sale Notice, Terms & Conditions

Business Standard

🏦 Event Details

Event Type: SARFAESI
Event No.: 208426
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: House

Property Description:
Item No. 2 – All that piece and parcel of the newly constructed house comprising ground floor and first floor on Plot No.2, admeasuring 197 Sq. Yards (164.61 Sq. Mtrs.), having ground floor plinth area 1189 Sq. Ft. and first floor plinth area 1189 Sq. Ft., total 2378 Sq. Ft., in Survey No.140 (Part), situated near Bank Colony (adjacent to Bhavani Enclave), Sahebnagar Kalan Village, Hayathnagar Revenue Mandal, Ranga Reddy District, under Ward No.5, Block No.2 of Hayathnagar Circle, GHMC Limits, under Vanastalipuram Sub-District registration, bounded by:

  • North: Plot No.3
  • South: Plot No.1
  • East: 30′-0″ Wide Road
  • West: Neighbour’s Land

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

Borrower’s Name: M/s. Sunitha Traders

đź’° Auction Details

Reserve Price: ₹1,45,54,047.00
Tender Fee: ₹0.00
Price Bid: Applicable
Bid Increment Value: ₹50,000.00
Auto Extension Time: 5 minutes
No. of Auto Extensions: Unlimited
Digital Signature (DSC) Required: No

🏦 EMD (Earnest Money Deposit) Details

EMD Amount: ₹14,55,404.00
Deposit Bank Name: IndusInd Bank
Deposit Bank Account No.: 00043564604005
IFSC Code: INDB0000004

đź“… 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