Auction Notice
Dec 21, 2025 • Sobiya Fatima • Auction Notices / Real Estate Notices
Source:
Hyderabad Deccan Chronicle 21 December
This document relates to an E-Auction Sale Notice issued by Union Bank of India – Asset Recovery Branch, Hyderabad, for the sale of immovable properties under the provisions of the SARFAESI Act, 2002, aimed at recovering outstanding loan dues.
📅 E-Auction Schedule & Mode
Date: 9 January 2026
Time: Between 12:00 PM and 5:00 PM ⏰
Auction Portal: https://baanknet.com 💻
Sale Basis:
“As is where is”
“As is what is”
“Whatever there is”
🏠 Property Offered for Sale – Suryapet (Residential Site)
Borrowers / Guarantors:
M/s. Maruthi Agencies
Mr. Yarasani Ravinder Reddy
Mr. Thaduri Vaikunta Chary
Outstanding Dues: ₹57,88,935.59 (as on 30-11-2025) 💰
Property Description:
Residential site measuring 1573.00 sq. yards
Located at Bhagyanagar Colony, Suryapet Municipality
Financial Details:
Reserve Price: ₹90,00,000
EMD: ₹9,00,000 (10% of reserve price)
Minimum Bid Increase: ₹90,000
🏭 Property Offered for Sale – Munagala (Industrial Unit)
Borrowers / Guarantors:
M/s. Siva Sai Seeds (Proprietor: Mrs. Korivi Mamatha)
Mrs. Korivi Mamatha
Outstanding Dues: ₹3,47,03,504.79 (as on 30-11-2025) 💼
Property Description:
Plant and machinery along with non-agricultural land admeasuring 1.01 acres
Situated at Venkatapuram Gram Panchayat limits, Munagala Mandal
Includes:
GI sheet roofed industrial shed
RCC office building
AC sheet roofed labour rooms
Financial Details:
Reserve Price: ₹1,44,00,000
EMD: ₹14,40,000 (10% of reserve price)
Minimum Bid Increase: ₹1,44,000
📞 Bank & Auction Support Details
Authorized Officer:
Union Bank of India
Asset Recovery Branch, S.R. Nagar, Hyderabad
Contact Numbers: 📱 9949763570 / 9550516062
E-Auction Support Email: ✉️ support.baanknet@psballiance.com