Flat for auction 21 Municipal Road, Kothapeta, Guntur by City Union Bank

Property for Auction in Kothapeta, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Kothapeta, Guntur
Auction Date IconAuction Date:
29-07-2025 11:00 AM

Auction Details

Auction ID:533580

Bank Name:City Union Bank

Branch Name:kumbakonam

Reserve Price:51,00,000

EMD:5,10,000

Service Provider:Public Auction

Important Dates

Submission Date:28-07-2025 05:00 PM

Bid Start Date:29-07-2025 11:00 AM

Property Description

The property is a flat located in Kothapeta, Guntur, Andhra Pradesh. It is part of an extent of 3,576.44 Sq. Yards of site. The flat includes an undivided unspecified and indivisible share of site measuring 35.55 Sq yards along with a shop, Bearing No. G-23, in the Ground Floor of SVRS Empire. The shop has an area of 630 sq ft, including common area, and comes with a car parking space and a two-wheeler parking space in the cellar. The property also includes rights to common amenities and passages. The boundaries of the site are described as East: Property belongs to C. Chalapthi Rao, B. Madhava Rao and others; South: Property belongs to C. Chalapthi Rao, B. Madhava Rao and others; Again, East: Property belongs to C Chalapaths Rao, B.Madhava Rao and others; Again, South: Municipal Road; West: Property belongs to Dr. P. Venkata Manohara Rao and other's; North: Road and Drainage Canal. The boundaries for the shop (G-23) are East: Common Corridor, South: Joint Wall in between this shop and Shop No G-21, West: Open to Sky, North: Open to Sky.

State:Andhra Pradesh

City:Guntur

Area:Kothapeta

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential flat located in Kothapeta, Guntur, Andhra Pradesh, conducted by City Union Bank. The property is situated on Door No 12-1-12 and comprises an undivided share of land measuring 35.55 Sq. yards along with a shop (G-23) on the ground floor of SVRS Empire. The shop area is 630 sq ft, including common areas, and comes with cellar parking for one car and one two-wheeler. The auction has a reserve price of 51,00,000 and an EMD of 5,10,000. The auction will take place on 29-07-2025 from 11:00 AM to 01:00 PM. The property is owned by Mr. P. Bhavani Shankar, son of P. Umapathi Kumar, and the borrower is M/s. Jayalakshmi Medical Agencies. Contact telephone number is 0663-2219091 and cell number is 9347099363.

Borrower Name:M/s. Jayalakshmi Medical Agencies

Auction Type:SARFAESI Auction

Contact Details

Contact Telephone No.0663-2219091, Cell No.9347099363.

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