Representative illustration — Industrial Land bank auction in Rachagunneri Village, Sri Kalahasti Mandal
Representative illustration — not the actual property photograph.
Industrial Land Industrials Physical possession Strong Buy

Industrial Land for Auction Rachagunneri Village Sri Kalahasti Mandal Chittoor 43.8 Lakh by Tamilnad Mercantile Bank Limited 29 Jun 2026

Rachagunneri Village, Sri Kalahasti Mandal, Chittoor

Area: 14645.0 sq. ft.

Survey No. 296/1, Plot No S-8 (part), Rachagunneri Village accounts, Srikalahasthi Gram Panchayat, Sri Kalahasti Mandal

Tamilnad Mercantile Bank Limited · Tirupathi

Reserve price

₹43,80,000

EMD ₹4,38,000

Auction date

29 Jun 2026, 03:00 PM

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Quick read

  • Possession: Physical
  • Area: 14645.0 sq. ft.
  • Locality: Rachagunneri Village, Sri Kalahasti Mandal
  • Reserve: ₹43,80,000
  • EMD: ₹4,38,000

Auction snapshot

PossessionPhysical
Property typeIndustrial Land · Industrials
LocalityRachagunneri Village, Sri Kalahasti Mandal
Built-up / plot area14645.0 sq. ft.
LenderTamilnad Mercantile Bank Limited
BranchTirupathi
Unit / flat no.Plot No S-8 (part)
Building / societyAPIIC, Near Lanco Factory
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Industrial Land bank auction in Rachagunneri Village, Sri Kalahasti Mandal, Chittoor by Tamilnad Mercantile Bank Limited — reserve price ₹43,80,000, 14645.0 sq. ft., Physical possession.

Discover a prime industrial land bank auction opportunity in Tirupati, Andhra Pradesh. This spacious 14645 sq.ft plot, located at Survey No. 296/1, Plot No S-8 (part) within the APIIC, Rachagunneri Village, Sri Kalahasti Mandal, is near the Lanco Factory and P.N. Road. Offered by Tamilnad Mercantile Bank Limited, this industrial property has a reserve price of ₹43,80,000 and an EMD of ₹4,38,000. The e-auction is scheduled for June 29, 2026, at 3:00 PM. This bank auction property is under physical possession, making it a strong buy for industrial development or investment in the growing Tirupati region. Secure this valuable commercial plot for sale through an upcoming bank e-auction.

GeoSquare note: This industrial land in Tirupati presents a strong investment opportunity. Its location within the APIIC zone and proximity to established industrial landmarks make it attractive for development. The bank has physical possession, streamlining the acquisition process. The reserve price of ₹43.8 lakhs appears competitive for the 14645 sq.ft area in a growing industrial hub.

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