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Sale by Bank – Residential Building in Plot No.18 & 19, KLR Avenue Komarabanda Village, Kodad Mandal, Suryapet District, Telangana.
Sale by State Bank of India, Stressed Assets Recovery Branch - 2, Hyderabad.
Reserve Price: Rs. 66.67 Lakhs, E - Auction Date: 6th Sep 2019
For More Details About The Property/Bank Please see below
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Dear Viewer,

If you are Interested in Buying the Property (even if you have not 100% made up your mind), Please Send Email to Bank Authorised Officer. Then speak to that Bank Authorised Officer on Phone about your Interest and to Fixup for Inspection of the Property and Viewing the Related Documents.

Email Id to which you have to send the Email: sbi.20945@sbi.co.in
If You Are Call to Land Line Number: 040 - 23461614.

Bank will fix up the Auction Dates (and Price) for a Property, based on the (email) responses it gets from Potential Buyers (and Real Estate Agents). Send this email even if the Cost of the Property is not in line with your expectation. Also, sending an email will enable your interest to be on record – which will be helpful, in case say, you are not able to speak on telephone (due to connectivity or any other issues). If you respond Quickly – there is a chance your views would get a High Weightage, when the Bank finalizes the Auction Dates (and Price)! So, send email Quickly (even if you have not 100% made up your mind) and take the next steps ie Inspection of the Property, Legal etc.

Content of the Email if the Property Sale date is Already over or the Sale Date is Not Announced, at the time of your viewing this Listing.

Content of the email can be as simple as “Dear Sir, This has reference to the Residential Building in Plot No.18 & 19, KLR Avenue Komarabanda Village, Kodad Mandal, Suryapet District, Telangana, Being Sold by State Bank of India, Stressed Assets Recovery Branch - 2, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This email is being sent for your information”. Then you call up the bank and find out if the Property is available.

If the Property is available, You can start taking the next steps which include inspection of the Property, going through the Legal Documents, talking t*o Experts/ Relatives/ Friends, Learning about bidding in the E-Auction etc. But, during all of these, please keep the bank people updated on a regular basis (specifically by email, apart from talking to them).

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Content of the Email if the Property Sale Date is Not over, at the time of your viewing this Listing.

Content of the email can be as simple as “Dear Sir, This has reference to Residential Building in Plot No.18 & 19, KLR Avenue Komarabanda Village, Kodad Mandal, Suryapet District, Telangana, Being Sold by State Bank of India, Stressed Assets Recovery Branch - 2, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This email is being sent for your information”. In case you are interested in a Property, but the cost is higher than your expectation, please say “Dear Sir, This has Residential Building in Plot No.18 & 19, KLR Avenue Komarabanda Village, Kodad Mandal, Suryapet District, Telangana, Being Sold by State Bank of India, Stressed Assets Recovery Branch - 2, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 60.00 Lakhs instead of Rs. 66.67 Lakhs advertised by the Bank”.

After sending the email and SMS, please try to call up the banks in the contact numbers provided. You can start taking the next steps which include inspection of the Property, going through the Legal Documents, talking to Experts/ Relatives/ Friends, Learning about bidding in the E-Auction etc. But, during all of these, please keep the bank people updated on a regular basis (specifically by email, apart from talking to them).

All The Best!

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