Flat for Auction Shanthi Nagar 7th Lane West Godavari 22 Lakh by State Bank of India 15 Jul 2026
Shanthi Nagar, 7th Lane, West Godavari
Area: 1000.0 Sq.ft
Door No.28-1-54, 7th Lane, Shanthi Nagar, Eluru Municipality, Eluru Corporation, Eluru Sub Registry, West Godavari District
State Bank of India · Stressed Asset Recovery Branch
Reserve price
₹22,00,000
EMD ₹2,20,000
Auction date
15 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1000.0 Sq.ft
- ▸Locality: Shanthi Nagar, 7th Lane
- ▸Reserve: ₹22,00,000
- ▸EMD: ₹2,20,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Shanthi Nagar, 7th Lane |
| Built-up / plot area | 1000.0 Sq.ft |
| Lender | State Bank of India |
| Branch | Stressed Asset Recovery Branch |
| Unit / flat no. | Flat No. 203 |
| Building / society | RR Enclave Apartment |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Shanthi Nagar, 7th Lane, West Godavari by State Bank of India — reserve price ₹22,00,000, 1000.0 Sq.ft, Physical possession.
Discover a prime residential bank auction property: a double bedroom Flat No. 203, Second Floor, admeasuring 1000 Sq.ft in the well-located 'RR Enclave Apartment' in Shanthi Nagar, Eluru. This property, under State Bank of India's e-auction, offers an excellent investment opportunity in West Godavari, Andhra Pradesh. The flat is situated at Door No.28-1-54, 7th Lane, Shanthi Nagar, Eluru, and comes with physical possession. The reserve price is ₹22,00,000.0 with an EMD of ₹2,20,000.0. The e-auction is scheduled for July 15, 2026, from 11:00 AM to 04:00 PM. Interested buyers can inspect the property from June 08 to July 14, 2026. This Eluru bank auction flat is available on an 'AS IS WHERE IS' basis, making it a valuable asset for a discerning investor seeking a residential property for sale.
GeoSquare note: This residential flat offers a decent living space of 1000 Sq.ft in Eluru, a significant location in West Godavari. The key advantage is the physical possession status, which minimizes post-auction complications. With a reasonable reserve price of ₹22,00,000.0, it presents a good value proposition for both end-users and investors looking for rental income in a growing area.
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