Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:608981
Bank Name:Union Bank of India
Branch Name:MADHURA NAGAR BRANCH
Reserve Price:₹39,87,000
EMD:₹3,98,700
Bid Increment:₹10,000
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Vijayawada, Andhra Pradesh, being auctioned by Union Bank of India under SARFAESI norms. The property is designated for sale as a bank asset from the borrower M/s GJMR FILLING STATION.
State:Andhra Pradesh
City:Vijayawada
Area:Vijayawada
Asset Category:Residential
Full Address:13, Eswari Towers, Flat No. 13 in Second Floor situated at Eswari Towers, Satya Mohan Ventures, Bhanu Nagar, Madhuranagar, Vijayawada, Door No. 22-15/1-77A vide NTS No. 18, Block No. 9, Un-Survey Dry Block No. 11/1, revenue Ward No: 16, Nearest Door No. 22-15/1-77A, Madhuranagar, Vijayawada
Building/Society:Eswari Towers
Size:722.0 sq. ft
Auction Description
Union Bank of India presents an e-auction for a residential flat in Vijayawada, Andhra Pradesh. The auction will be conducted on 14-11-2025, from 12:00 PM to 05:00 PM. The reserve price for this SARFAESI auction is ₹39,87,000, with an EMD of ₹3,98,700. Interested bidders should review all auction terms and conditions prior to participating.
Borrower Name:M/s GJMR FILLING STATION
Auction Type:SARFAESI Auction
Guarantor Names:PILLUTLA CHENNAIAH
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Vijayawada, with a reasonable reserve price. The auction terms seem standard. The location in Madhuranagar provides decent accessibility but requires careful market assessment for potential appreciation.
Contact Details
Branch:Branch Office : MADHURA NAGAR BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:9704095337
