AUCTION: Raja Bazar Apartment Unit No.12 Latifabad Hyderabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. The Banking Court-II Hyderabad is offering a public auction for recovery purposes. The auction will be held on 08-10-2026 at 1:00 PM at the Sessions Court Building, 1st Floor, Hyderabad. The property being auctioned is located at Raja Bazar Apartment Unit No.12, Latifabad Hyderabad. This auction is conducted under Execution Application No. 181/2024, Suit No. 110/2015, involving Allied Bank Limited as Decree Holder versus Arsalan Khan as Judgment Debtor. Items being auctioned: - Flat No. 12, 3rd Floor Block-C - Area measuring 635 square feet - Structure includes wall, stair, cases, passage, balcony - Car parking area - Situated at Raja Bazar Apartment, constructed over Plot No. 6 Unit No. 12, Latifabad, Hyderabad The auction terms require the purchaser to deposit 25% of the purchase money immediately after declaration via Cash, Draft, or Pay Order; cheques are not accepted. The balance must be paid within 15 days after the auction. The sale is subject to court confirmation, and the successful bidder must pay all applicable taxes. The court reserves the right to cancel the auction at any time or reject any bid, even if it is the highest. Property inspection is allowed during office hours with prior appointment. Bidders should ensure timely submission of earnest money and prepare for the auction by reviewing all terms carefully. It is advisable to inspect the property beforehand to assess its condition and value. The contact phone number for inquiries is 022-9201181. This auction presents a valuable opportunity to acquire property in Latifabad Hyderabad through a transparent legal process.