Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610646
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹33,20,000
EMD:₹3,32,000
Bid Increment:₹20,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a prime land parcel located in Penamaluru, Krishna, Andhra Pradesh. The property is categorized as residential and is being auctioned by Indian Bank under the SARFAESI Act. Ideal for investment or development, this land offers a significant opportunity in a growing region. Don't miss the chance to acquire this valuable asset.
State:Andhra Pradesh
City:Krishna
Area:Penamaluru
Asset Category:Residential
Full Address:4-19, Door No. 4-19, Ramalayam Street, situated at Vanukuru-Gosala Road, Village/PO-Vanukuru, Mandal-Penamaluru, Vanukuru, Krishna
Size:1045.40 sq.ft.
Auction Description
Indian Bank presents a SARFAESI auction for a residential land in Penamaluru, Krishna, Andhra Pradesh. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹33,20,000, with an Earnest Money Deposit (EMD) of ₹3,32,000. Seize this opportunity to bid on a valuable piece of land.
Borrower Name:Sri. Dutta Sudhakar
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Dutta Harika
Legal Details
Encumbrance Details:Nill
Why This Property
The property is a residential house in a developing area. The reserve price seems reasonable given the size and location. However, potential buyers should carefully assess the property's condition and local market trends before bidding.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:9795199711
