CommercialUpcoming auctionVerified listing
Commercial in Nizamabad
Nizamabad, Nizamabad
Reserve price
₹56.15 L
Auction date
16 Mar 2026
11:00 AM
EMD deadline
16 Mar 2026
3:50 PM
Bid increment
₹1,00,000.00
Location details
Property Address
Single Storey Commercial Building Bearing Mpl No. 6-26-408 (New) & 6-25-2412/15 (Old), Situated at Shradananad Gunj, Shastry Nagar, Nizamabad- 503001, Admeasuring 233.33 Sq Yds
Locality: Nizamabad
City: Nizamabad
District: Nizamabad
State: Telangana
Pin Code: 503001
Country: India
Auction timeline
Auction starts
16 Mar 2026 at 11:00 AM
Auction ends
16 Mar 2026 at 4:00 PM
EMD submission deadline
16 Mar 2026 at 3:50 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Shops
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹56.15 L
Property Identifiers
Bank Property ID
SBIN78402434217
CERSAI ID
200068503169
Collateral ID
78402434217
Property Images
Borrower & Loan details
Borrower Name
Chehak Industries
Registered Address of Borrower
H No 6-12-71/1 Namdevwada, Behind Vittaleshwar temple, Nizamabad 503002
Owner
Chandrakanth Thakkar
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹9.72 Cr
NPA Date
01 May 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78402434217
Customer ID
90691252111
Demand Notice
Notice Date
04 Sept 2025
Notice Amount
₹9.13 Cr
Asset Classification
Classification Date
31 Dec 2025
Classification ID
1
Possession Dates
Physical
16 Dec 2025
Additional details
Property USP
Commercial Property
Description
Single Storey Commercial Building Bearing Mpl No. 6-26-408 (New) & 6-25-2412/15 (Old), Situated at Shradananad Gunj, Shastry Nagar, Nizamabad- 503001, Admeasuring 233.33 Sq Yds
EMD Schedule
EMD Start
23 Feb 2026
5:44 PM
EMD Deadline
16 Mar 2026
3:50 PM
Payment Deadline
16 Mar 2026
Inspection Schedule
Inspection Start
02 Mar 2026
11:00 AM
Inspection End
02 Mar 2026
4:00 PM
Officer Details
Authorized Officer
Pirati Lakshmi Narayana
AGM
Dealing Officer
S.Arunkumar
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 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78402434217
CERSAI ID
200068503169
Property ID
SBIN78402434217
Property Images
State Bank of India
Verified seller
Branch: SAM BRANCH-2 HYDERABAD-18359
IFSC: SBIN
Bank contact
+91 94374 85833+91 98408 40149
Branch Address
HOUSE NO. 3-4-1013/A,NEW BUS STATION,
1ST FLOOR, TSRTC, KACHIGUDA
HYDERABADBranch IFSC
SBIN0018359Department
SAM BRANCH-2 HYDERABAD-18359