Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610379
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹22,00,000
EMD:₹2,20,000
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 12:00 PM
Bid Start Date:2025-12-08
Property Description
This auction features a residential land and building located in Koretipadu, Guntur, Andhra Pradesh. The property is offered by City Union Bank under SARFAESI auction rules. It presents a valuable opportunity for investment in a growing area. The asset belongs to M/s. Sri Sandhya Enterprises.
State:Andhra Pradesh
City:Guntur
Area:Koretipadu
Asset Category:Residential
Full Address:Flat No.1, Samhit Residency Apartment Complex, D.No. 269, Re-Survey No. 269/3, bearing Door No.1-35-148/28A, Gujanagundia Area, Koritepadu Village, Koritepadu Sub-District, Guntur Municipal Corporation Limits, Guntur District, Koretipadu, Guntur
Building/Society:Samhit Residency Apartment Complex
Size:1018.29 sq.ft.
Auction Description
City Union Bank is conducting a SARFAESI auction for a land and building property in Koretipadu, Guntur, Andhra Pradesh. The auction will take place on December 8, 2025, from 01:00 PM to 02:00 PM. The reserve price is INR 22,00,000 and the EMD is INR 2,20,000. This is a single-day online auction event.
Borrower Name:M/s. Sri Sandhya Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bolla Bhulakshmi, Mr. Bolla Chowdary, Mrs. Bolla Sunitha, Ms. Bolla Sandhya Ravi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Guntur, a developing city. The reserve price seems reasonable, but potential buyers should investigate the property's condition and the apartment complex's occupancy. Auction terms are standard, suggesting a calculated risk for those familiar with the Guntur real estate market.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
