Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610347
Bank Name:State Bank of India
Branch Name:Vijayawada
Reserve Price:₹22,12,000
EMD:₹2,21,200
Bid Increment:₹10,000
Auction Time:11.00 AM to 04.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:03-12-2025 04:00 PM
Bid Start Date:2025-12-04
Property Description
This auction features a valuable Land and Building property located in Pedakakani, Guntur, Andhra Pradesh. The asset is offered by the State Bank of India under the SARFAESI Act. This is a prime opportunity to acquire a residential property in a developing area. The property is situated in Guntur district, known for its agricultural and commercial significance. Ideal for investment or personal use.
State:Andhra Pradesh
City:Guntur
Area:Pedakakani
Asset Category:Residential
Full Address:403, V.S.GRAND Apartment, Flat no 403, V.S.Grand, Beside Chowdeswari Temple, Takkellapadu Village, Pedakakani Mandal, Guntur, Pedakakani, Guntur
Building/Society:V.S.GRAND Apartment
Size:1000 Sq.ft
Auction Description
State Bank of India is conducting an SARFAESI auction for a Land and Building property in Pedakakani, Guntur. The auction will take place on December 4, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this asset is INR 22,12,000, with an Earnest Money Deposit (EMD) of INR 2,21,200 required to participate. This auction provides a unique chance to purchase a residential property at a competitive price. Bid with confidence!
Borrower Name:Shri Ari Venkata Suresh
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Ari Lalitha Devi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing locality, offered at a reasonable reserve price. The auction terms are standard, and the location near Chowdeswari Temple adds to its appeal. While not a prime investment, it presents a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Vijayawada
Service Provider:BAANKNET
Contact Details:
Sri Y. Mukteswara Rao
Contact no:8886640777
