Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614569
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹19,00,000
EMD:₹1,90,000
Auction Time:11:00 AM to 01:00 PM
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 Guntur, Andhra Pradesh, being auctioned by PIRAMAL FINANCE LTD. The property is part of a SARFAESI auction and is offered to recover dues from the borrower, Deepika Velamuri.
State:Andhra Pradesh
City:Guntur
Area:Guntur
Asset Category:Residential
Full Address:402, Tirumala Garden, B- Block i.e. Anjanadri Bicok, Third Floor, Double bedroom Flat No.402, Tirumala Garden, Guntur, Andhra Pradesh, Tirumala Garden, Guntur
Building/Society:Tirumala Garden
Size:18360 sq.m
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential flat in Guntur, Andhra Pradesh. The auction has a reserve price of INR 1,900,000 and an Earnest Money Deposit (EMD) of INR 190,000. The auction will take place on 12-12-2025, starting at 11:00 AM and concluding at 01:00 PM. This is an opportunity to acquire a property in Guntur through a secured bank auction.
Borrower Name:Deepika Velamuri
Auction Type:SARFAESI Auction
Guarantor Names:Krishna Chaitanya Taduvai
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a flat in Guntur with a reasonable reserve price, presenting a moderate investment opportunity. Its location in Tirumala Garden and accessibility to amenities make it a worthwhile consideration. However, potential investors should carefully assess the property's condition and market demand before bidding.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Ramana Rao
Contact no:9849271633
