The Telangana High Court stayed the auction of 6.2 acres of land in Raidurg following an intervention by the SBI.
Waqf activists claim the land in Survey No. 83 has been registered as Waqf property since 2010.
Historical documents indicate the land was endowed by Ghazi Yar Jung in 1948 for educational and religious purposes.
A Civil Revision Petition is currently pending in the High Court to resolve the long-standing ownership dispute.