Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614570
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹19,00,000
EMD:₹1,90,000
Auction Time:11:00 A.M. TO 01:00 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-12
Bid Start Date:2025-12-12
Property Description
This is a residential flat located on Nandivelugu Road in Guntur, Andhra Pradesh. The property is being auctioned by PIRAMAL FINANCE LTD as part of a SARFAESI action. It represents an opportunity to acquire a flat in a key area of Guntur. The flat is categorized as residential asset.
State:Andhra Pradesh
City:Guntur
Area:Nandivelugu Road
Asset Category:Residential
Full Address:203, Tirumala Garden, Block- B, Ground Floor, D.No.578/1, Tirumala Garden, Old Guntur Near Manasas Sarovaram Park Nandivelugu Road, Guntur Andhra Pradesh :- 522005, Nandivelugu Road, Guntur
Building/Society:Tirumala Garden
Size:1117 sft
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential flat on Nandivelugu Road, Guntur, Andhra Pradesh. The auction will take place on December 12, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is ₹19,00,000, with an Earnest Money Deposit (EMD) of ₹1,90,000 required to participate. This is a prime opportunity to bid on a property owned by the borrower Venkata Ramaiah.
Borrower Name:Venkata Ramaiah
Auction Type:SARFAESI Auction
Guarantor Names:Naveena Vallapaneni
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Guntur and the relatively low reserve price make it a worthwhile consideration. However, the semi-finished state requires additional investment. Given these factors and the standard auction terms, it presents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
