Industrial Land Building for Auction Chebrolu Village Guntur 49 Crore by Union Bank of India 24 Jun 2026
Chebrolu village, Guntur
Area: 8.15 Acres
S.No 113/3, 113/4, 113/5 of Chebrolu village, St. Mary's Engineering College Road, Chebrolu Village Panchayat & Mandal, Guntur district
Union Bank of India · Asset Recovery Branch
Reserve price
₹49,00,00,000
EMD ₹4,90,00,000
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 8.15 Acres
- ▸Locality: Chebrolu village
- ▸Reserve: ₹49,00,00,000
- ▸EMD: ₹4,90,00,000
Auction snapshot
| Possession | Physical |
| Property type | Industrial Land & Building · Industrials |
| Locality | Chebrolu village |
| Built-up / plot area | 8.15 Acres |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | S.No 113/3, 113/4, 113/5 |
| Building / society | M/s Sri Lakshmi Godavari Spinning Mills Ltd. |
| Auction type | SARFAESI Auction |
| Bid increment | ₹4,90,000 |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Chebrolu village, Guntur by Union Bank of India — reserve price ₹49,00,00,000, 8.15 Acres, Physical possession.
An excellent opportunity to acquire a vast 8.15-acre industrial land and building, featuring a functional spinning mill unit, through a bank auction by Union Bank of India. Located at S.No 113/3, 113/4, 113/5 of Chebrolu village, St. Mary's Engineering College Road, Guntur district, Andhra Pradesh, this property offers significant industrial potential. With a reserve price of ₹49 Crores and EMD of ₹4.9 Crores, this property is available with physical possession, minimizing buyer risks. Ideal for investors seeking large-scale industrial assets or looking to expand manufacturing operations. Secure this valuable industrial property for sale via e-auction on 2026-06-24.
GeoSquare note: This is a large-scale industrial property (spinning mill) spanning 8.15 acres, located in Chebrolu, Guntur, Andhra Pradesh. The bank holds physical possession, which significantly reduces potential complications for the buyer. With a substantial reserve price of ₹49 Crores, this bank auction property presents a strong investment for industrial players seeking to acquire or expand a manufacturing unit in a developing region.
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