Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610802
Bank Name:Bank of Baroda
Branch Name:TIRUMALA BRANCH
Reserve Price:₹4,65,000
EMD:₹46,500
Bid Increment:₹10,000
Auction Time:2:00 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-18
Property Description
A car property located in Tirupati, Thirupathi, Andhra Pradesh, is being auctioned by the Bank of Baroda. This is a SARFAESI auction, meaning it is a legal process initiated by the bank to recover dues from a borrower. The borrower's name is Mr. K VENKATESAM. The auction is for a vehicle, specifically a car.
State:Andhra Pradesh
City:Thirupathi
Area:Tirupati
Asset Category:Vehicle Auctions
Full Address:Plot No. 480, Bright Security Management Services Ltd., Parked at parking Yard: Bright Security Management Services Ltd., Plot No. 480, Road Number SA Gopal Nagar, Kukatpally, Hyderabad-500 072, Kukatpally, Hyderabad
Building/Society:Bright Security Management Services Ltd.
Auction Description
The Bank of Baroda is conducting a SARFAESI auction for a car in Tirupati, Thirupathi, Andhra Pradesh. The auction will commence on November 18, 2025, at 02:00 PM and conclude at 05:00 PM on the same day. The reserve price for this vehicle auction is ₹465,000.00, with an Earnest Money Deposit (EMD) of ₹46,500.00 required to participate. This auction is part of the bank's process to recover outstanding loan amounts from the borrower, Mr. K VENKATESAM.
Borrower Name:Mr. K VENKATESAM
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This vehicle offers a reasonable opportunity for buyers looking for a car at a potentially discounted price. The location in Tirupati and the established brand of Renault add to its appeal, though the 'as is where is' condition necessitates thorough inspection.
Contact Details
Branch:Branch Office : TIRUMALA BRANCH
Service Provider:BAANKNET
Contact Details:
Mr.K. Venkateshwarlu
Contact no:9943432652
