Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614580
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹26,90,000
EMD:₹2,69,000
Auction Time:11:00 A.M. TO 01:00 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a residential flat located in Nallapadu, Guntur, Andhra Pradesh. The property is being auctioned by PIRAMAL FINANCE LTD. It is a SARFAESI auction, presenting a unique opportunity to acquire a flat in a desirable location. The property is categorized as residential.
State:Andhra Pradesh
City:Guntur
Area:Nallapadu
Asset Category:Residential
Full Address:B8-T4, Colours Park Apartment, Flat No: B8-T4 (Third Floor), Colours Park Apartment, Block - B in 'COLOURS PARK' within the boundaries given below: East: Open area in Ground, South: Open area in Ground, West: Common Corridor, North: Open area in Ground, Nallapadu, Guntur
Building/Society:Colours Park Apartment
Size:1140 sq.ft.
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential flat in Nallapadu, Guntur, Andhra Pradesh. The auction will commence on December 12, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this auction is ₹26,90,000, with an Earnest Money Deposit (EMD) of ₹2,69,000 required. This is a prime opportunity for interested buyers to participate in the bidding process.
Borrower Name:Bollineni Ashok
Auction Type:SARFAESI Auction
Guarantor Names:Bollineni Sravanthi, Bollineni Nagavardhini, Bollineni Ramachandraiah
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a flat in Nallapadu, Guntur, presents a calculated opportunity due to its location and reasonable reserve price. While not a prime investment, it could be a good buy for someone familiar with the area. Terms of the auction are standard, and further due diligence is advised.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Authorised Officer
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