Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614572
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹8,30,000
EMD:₹83,000
Auction Time:11:00 A.M. TO 01:00 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-12
Bid Start Date:2025-12-12
Property Description
This is a residential house located in Rajanagaram, East Godavari, Andhra Pradesh. The property is being auctioned by PIRAMAL FINANCE LTD. This is an excellent opportunity to acquire a home in a developing area.
State:Andhra Pradesh
City:East Godavari
Area:Rajanagaram
Asset Category:Residential
Full Address:391, Chandika Smart City, Plot No.391 in RSNo.857/1, 857/3, Kanavaram Village, Rajanagaram Mandal, East Godavari
Building/Society:Chandika Smart City
Size:183.33 sq.yds
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential house in Rajanagaram, East Godavari. The auction will take place on December 12, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹8,30,000, with an Earnest Money Deposit (EMD) of ₹83,000. This auction offers a chance to purchase a property under the SARFAESI Act.
Borrower Name:Rambabu Palepu
Auction Type:SARFAESI Auction
Guarantor Names:PALEPU MANGA
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a house in Rajanagaram offered at a reasonable reserve price. While the location might not be prime, the price point makes it a calculated opportunity for potential buyers. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
