Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611963
Bank Name:Bank of Baroda
Branch Name:SATTENAPALLI BRANCH
Reserve Price:₹50,78,000
EMD:₹5,07,800
Bid Increment:₹20,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A residential flat located in Namburu, Guntur, Andhra Pradesh, offered for auction by Bank of Baroda. This property is part of a SARFAESI auction and presents an opportunity for potential buyers in the region. The flat is categorized as residential asset.
State:Andhra Pradesh
City:Guntur
Area:Namburu
Asset Category:Residential
Full Address:0116, TEAK Block, Apartment Unit No.0116, First Floor, TEAK Block, Namburu village, Nambur Gram Panchayat, Pedakakani Mandal, Guntur District, Namburu, Guntur
Building/Society:TEAK Block
Size:1744 Sft
Auction Description
This is a SARFAESI auction conducted by Bank of Baroda for a residential flat in Namburu, Guntur, Andhra Pradesh. The auction has a reserve price of ₹50,78,000 and an EMD of ₹5,07,800. The auction will be held on December 5, 2025, from 2:00 PM to 6:00 PM. The property is associated with the borrower M/s Pravha Chilli Private Limited.
Borrower Name:M/s Pravha Chilli Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chinthapalli Pradeep Chakravarthy, Mr. Vipin Dhoundiyal, Mrs. Chinthapalli Jayashree, Mr. Chinthapalli Praveen Chakravarthy, Mrs. Chinthapalli Pranuthi, Mrs. Thella Nalini
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential space in a developing locality. The reserve price appears fair, but potential buyers should conduct thorough due diligence. This presents a calculated opportunity with moderate risk.
Contact Details
Branch:Branch Office : SATTENAPALLI BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:08641-233599
