Hyderabad House Auction 500068: 2 BHK Individual House in Krishna Residency (1,400 sq ft) – Reserve ₹74.07 Lakh (2 Nov 2026)
Verified Listing Auction Closed
Property ID: BKN-366268
Property Description
State Bank of India has put a house up for sale through the Hyderabad house auction 500068, open to all registered bidders on BAANKNET. On offer is a individual house in Krishna Residency in Hyderabad (PIN 500068), with 1,400 sq ft built-up and 1,125 sq ft carpet area. The online auction runs on 2 November 2026 (2:00 PM to 5:00 PM) with a reserve price of ₹74,07,000.
The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.
Table of Contents
Table of Contents
Hyderabad House Auction 500068: Key Highlights
- Reserve price: ₹74,07,000 (₹74.07 Lakh)
- EMD: ₹7,40,700
- Bid increment: ₹20,000
- Auction: 2 November 2026, 2:00 PM to 5:00 PM
- Last date for EMD: 2 November 2026, 1:00 PM
- Location: Hyderabad, Telangana
- Possession: Physical
Hyderabad House Auction 500068 – Complete Details
| Auction ID | 366268 |
| Bank property ID | SBIN78883553201 |
| Bank | State Bank of India |
| Branch | Sarb Hyderabad |
| Property type | Residential – Individual House |
| Project / building | Krishna Residency |
| Rooms | 2 BHK |
| Built-up area | 1,400 sq ft |
| Carpet area | 1,125 sq ft |
| Locality | Hyderabad |
| City / District | Hyderabad |
| State | Telangana |
| PIN code | 500068 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹74,07,000 |
| EMD | ₹7,40,700 |
| Bid increment | ₹20,000 |
| Auto-extension | 5 minutes per late bid |
About the Location – Hyderabad
This listing falls in Hyderabad, Telangana, postal code 500068. Telangana’s market revolves around Hyderabad’s IT and pharma corridors, with Warangal, Karimnagar and Nizamabad emerging as secondary hubs. The handling branch is Sarb Hyderabad, which is usually the best contact for site visits and local queries.
Is the Hyderabad House Auction 500068 Worth It?
At the reserve price, the property works out to about ₹5,291 per sq ft of built-up area – compare this with recent resale rates in Hyderabad before you bid. The EMD of ₹7,40,700 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Hyderabad House Auction 500068
- EMD submission opens: 28 September 2026
- Last date for EMD: 2 November 2026, 1:00 PM
- E-auction: 2 November 2026, 2:00 PM to 5:00 PM
- Auto-extension: 5 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 366268 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 6304516356.
- Pay the EMD of ₹7,40,700 through the BAANKNET wallet before 2 November 2026, 1:00 PM.
- Log in on 2 November 2026 and bid above the reserve in steps of ₹20,000; each late bid extends the auction by 5 minutes.
The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title.
- Check pending property tax, electricity and water dues.
- Confirm the possession status and whether the property is occupied.
- Verify the approved plan and the condition of the building.
- Read our buying bank auction houses and villas before you bid.
Hyderabad House Auction 500068: FAQs
What is the reserve price in the Hyderabad house auction 500068?
The reserve price is ₹74,07,000. Bids below the reserve price are not accepted.
When is the Hyderabad house auction 500068 scheduled?
The e-auction is on 2 November 2026 from 2:00 PM to 5:00 PM. The last date for EMD is 2 November 2026, 1:00 PM.
How much EMD is required?
The earnest money deposit is ₹7,40,700. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Hyderabad, Telangana – 500068.
Where can I see the official sale notice?
Search Auction ID 366268 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More SBI and Telangana Auctions
- All State Bank of India auction listings
- More house auctions
- Bank auctions in Telangana
- Guide: symbolic vs physical possession explained
Source: Auction ID 366268 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with State Bank of India before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by State Bank of India. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Independent Houses |
|---|---|
| Built-up Area | 1400 sq ft |
| Location | Hyderabad, Hyderabad, Telangana |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 28 Sep 2026Auction Notice Published
- 2 Nov 2026Last Date for EMD Submission
- 2 Nov 2026, 2:00 PM to 5:00 PMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.