HDFC Bank Property Auction (Independent Double Bed Room House)

HDFC Bank Property Auction (Independent Double Bed Room House):

 

327 Sq Yards Independent Double Bed Rom House

 

It’s located in a gated community Town Ship.  

 

Location:

Sainagar Township,

Deshmukh Road,

Batasingaram (Post),

Hyderabad – 501512

 

Landmark: Beside Mount Opera (For Further details please contact bank manager Ravi on 9390910448)

Base Bidding starts with (Bank Price):  21,00,000/Rs

 

HDFC Rating about this area:

 

The property at current levels is way low the market price. The bank is ready to finance 87% (Loan amount).    
ICIC Bank: 83% (Loan Amount)
SBI : 90% (Loan Amount)

SBH: 90% (Loan Amount)

 

Pros & Concerns:

 

Plus points:

 

This property is in prime location & is next to:  Mount Opera & (Nizam Institute of Engineering College, St. Mary’s College of Engineering & Technology, Vignan Institute of Technology & Ramoji Film City Road)

 

Expected outer ring road in next Budget. (Current market price: 35,00,000/Rs)

 

Proposal by state government & Tourism ministry to start MMTs in next financial budged.

 

Canara Bank opened its branch & other banks have established their ATM’s

 

Concern:

 

It’s a gated community. No scope for commercial development of property.

 

For Further details please contact bank manager Ravi on 09390910448