Flat for auction 42 SOMANDEPALLI VILLA, Somandepalli, Anantapur by City Union Bank

This listing pertains to a residential flat located in Somandepalli, Anantapur, Andhra Pradesh. The property is being auctioned by City Union Bank under SARFAESI regulations. Situated in a developing area, this flat offers a potential residential investment. Further details regarding the specific location, size, and amenities of the flat are available through the bank. The property is part of a distressed asset sale related to the borrower M/s. Varalakshmamma Powerlooms.

City Union Bank is conducting a SARFAESI auction for a residential flat in Somandepalli, Anantapur, Andhra Pradesh. The property is associated with borrower M/s. Varalakshmamma Powerlooms. This is a fantastic opportunity to acquire a property through a bank auction. The reserve price is set at 37,00,000 INR, with an Earnest Money Deposit (EMD) of 3,70,000 INR required. The auction will take place on September 29, 2025, starting at 11:00 AM and concluding at 01:00 PM. Interested bidders are advised to review all auction terms and conditions before participating.