Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613061
Bank Name:AU Small Finance Bank
Branch Name:Registered office - Jaipur
Reserve Price:₹7,40,000
EMD:₹74,000
Auction Time:02:00 PM to 04:00 PM with unlimited extension of 5 minutes
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-15
Bid Start Date:2025-12-17
Property Description
This is a residential house located in Palamaner, Chittoor, Andhra Pradesh. The property is being auctioned by AU Small Finance Bank as part of a SARFAESI auction. The property was formerly owned by M Chandrappa. The auction offers a great opportunity to acquire a house in a developing area.
State:Andhra Pradesh
City:Chittoor
Area:Palamaner
Asset Category:Residential
Full Address:Village Accounts Chikkanapalli Village An extent of AC.0.83 cents of land in Gramakantam Survey No.864 house and measuring East to West: 28.5 fts or 8.686 mts and North to South 36 ft or 10.972 mts, Belupalli Village, Chittoor
Size:0.83 cents
Auction Description
AU Small Finance Bank is conducting a SARFAESI auction for a residential house in Palamaner, Chittoor, Andhra Pradesh. The auction has a reserve price of ₹7,40,000 and requires an Earnest Money Deposit (EMD) of ₹74,000. The auction will take place on December 17, 2025, starting at 02:00 PM and concluding at 04:00 PM. Interested bidders should ensure they meet all pre-auction requirements.
Borrower Name:M Chandrappa
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a rural location, offered at a relatively low reserve price. While the location may limit immediate investment potential, the low price and clear title provide a calculated opportunity for buyers seeking affordable housing or land investment. Detailed due diligence is advised due to the rural location.
Contact Details
Branch:Branch Office : Registered office - Jaipur
Service Provider:drt.auctiontiger.net
Contact Details:
Dhanunjay Reddy
Contact no:9440799143/9773358234
