Property for Auction in Koritepadu, Guntur, Andhra Pradesh
Auction ID:568566
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹30,00,000
EMD:₹3,00,000
Service Provider:Auctionbazaar
Submission Date:16-10-2025 05:00 PM
Bid Start Date:17-10-2025 11:00 AM
This is a residential flat located in Koritepadu, Guntur, Andhra Pradesh. The property is part of a SARFAESI auction conducted by Karnataka Bank. The reserve price for this flat is INR 30,00,000, with an Earnest Money Deposit (EMD) of INR 3,00,000 required to participate in the auction. The property was formerly mortgaged by M/s Vijayadurga Cotton Traders.
State:Andhra Pradesh
City:Guntur
Area:Koritepadu
Asset Category:Residential
Karnataka Bank is holding a SARFAESI auction for a residential flat in Koritepadu, Guntur, Andhra Pradesh. The auction will take place on October 17, 2025, commencing at 11:00 AM and concluding at 11:20 AM. The reserve price is set at INR 30,00,000. Interested bidders must submit an Earnest Money Deposit (EMD) of INR 3,00,000. This is a prime opportunity to acquire property in a sought-after location in Guntur.
Borrower Name:M/s Vijayadurga Cotton Traders
Auction Type:SARFAESI Auction
Contact Number:9603716909/ 9581498999/ 8370969696/0863-2222444 /9985202444