House for Auction Balakrishnapuram Guntur Road Prakasam 5.7 Crore by Central Bank of India 29 Jun 2026
Balakrishnapuram, Guntur road, Prakasam
Area: 3888.0 Square Feet
Survey No. 173/1C, House No.3-125, Balakrishnapuram, Guntur road, Ongole Rural Village, Ongole Municipal Corporation, Prakasam District, Andhra Pradesh.
Central Bank of India · QIS COLLEGE OF ENGINEERING BRANCH
Reserve price
₹5,66,60,000
EMD ₹56,66,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 3888.0 Square Feet
- ▸Locality: Balakrishnapuram, Guntur road
- ▸Reserve: ₹5,66,60,000
- ▸EMD: ₹56,66,000
Auction snapshot
| Possession | Constructive |
| Property type | House · Residential |
| Locality | Balakrishnapuram, Guntur road |
| Built-up / plot area | 3888.0 Square Feet |
| Lender | Central Bank of India |
| Branch | QIS COLLEGE OF ENGINEERING BRANCH |
| Unit / flat no. | Survey No. 173/1C, House No.3-125 |
| Floor | Ground + 3 Floors |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
House bank auction in Balakrishnapuram, Guntur road, Prakasam by Central Bank of India — reserve price ₹5,66,60,000, 3888.0 Square Feet, Constructive possession.
Discover a prime bank auction property: a spacious residential house in Balakrishnapuram, Guntur road, Ongole Municipal Corporation, Prakasam District. This RCC structured Ground + 3Floor building spans 3888 Sq. Ft. (432 Sq. Yds / 362.88 Sq. Mts) with a vacant site. Offered by Central Bank of India, the property is available for e-auction on 29.06.2026 with a reserve price of ₹5,66,60,000. An excellent opportunity for home buyers or investors seeking a substantial residential property in Ongole. Inspection is available on 20.06.2026. Secure your chance to own this valuable asset through a transparent bank auction.
GeoSquare note: This 4-floor residential house in Balakrishnapuram, Ongole, offers significant potential due to its large area of 3888 Sq. Ft. and strategic location within Ongole Municipal Corporation. The 'Constructive' possession status indicates bank possession, simplifying the acquisition process. While the reserve price of ₹5.66 Crores is substantial, it reflects the property's size and structure, making it a strong buy for investors or large families looking for a prime property with good investment appeal.
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