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Shed with Plant and Machinery for sale in Bio tech Park, TSIIC Phase III,…

TSIIC Biotech Park, Siddipet, Telangana – 502281

Canara Bank · SPECIALIZED STRESSED ASSETS MANAGEMENT BRANCH SECUNDERABAD

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹44,17,00,000
EMD
₹4,41,70,000
Bid increment
₹2,00,000

This is the 11th auction of this property. The reserve price is 5% lower than at the last auction (₹46,49,00,000 on 16 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property7 Oct 2026, 10:00 AM – 13 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 6:00 PM (EMD closes in 7 days)
  3. Auction23 Oct 2026, 11:30 AM – 12:30 PM · in 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹44,17,00,000-5.0%Upcoming
16 Sep 2026₹46,49,00,000—Closed
13 Aug 2026₹46,49,00,000+11.9%Closed
26 May 2026₹41,54,00,000-4.5%Closed
31 Mar 2026₹43,50,00,000—Closed
12 Mar 2026₹43,50,00,000—Closed
18 Feb 2026₹43,50,00,000-10.0%Closed
31 Dec 2025₹48,32,00,000-10.0%Closed
29 Nov 2025₹53,68,00,000—Closed
31 Oct 2025₹53,68,00,000-10.0%Closed
30 Aug 2025₹59,64,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,41,70,000
Rest of 25% when you win (same or next day)
₹6,62,55,000
Balance 75%, usually within 15 days
₹33,12,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.21 Cr – ₹3.53 Cr

You may bid above the reserve in steps of ₹2,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Shed with Plant and Machinery
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
M/S Lazuline Biotech Pvt Ltd Works/Factories/Godowns: Plot No. 8/B, Bio tech Park, TSIIC Phase III, Karakapatla,Siddipet Dist, Telangana -502281
Borrower
M/s LAZULINE BIOTECH PRIVATE LIMITED

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