Land And Building for auction Et Colony Ithanagar Tenali 2 Cr Kotak Mahindra Prime Limited

Property for Auction in Tenali, Guntur, Andhra Pradesh

Recommendation
Strong BuyScore: 7.8
Possession
Physical
Size
212.33 Sq Yards
Reserve Price
1,63,00,000
Reserve Price
1,63,00,000
EMD Required
16,30,000
Property Specifications
Size212.33 Sq Yards
Unit No.4-29-21A
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Tenali, Guntur
Auction Date IconAuction Date:
14-11-2025 02:00 PM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:611640

Bank Name:Kotak Mahindra Prime Limited

Branch Name:Registered Office - Mumbai

Reserve Price:1,63,00,000

EMD:16,30,000

Bid Increment:10,000

Auction Time:02.00 PM to 04.00 PM

Service Provider:drt.auctiontiger.net

Important Dates

Submission Date:2025-11-13

Bid Start Date:2025-11-14

Property Description

This auction features a valuable land and building asset located in Tenali, Guntur, Andhra Pradesh. The property is being auctioned by Kotak Mahindra Prime Limited under SARFAESI proceedings. It is a residential asset, offering significant potential for homeowners or investors. The location in Tenali, Guntur, provides access to the amenities and infrastructure of the region. This is a prime opportunity to acquire a substantial property in a developing area. The asset is registered under the name of Mr. K Venkata Kishore.

State:Andhra Pradesh

City:Guntur

Area:Tenali

Asset Category:Residential

Full Address:4-29-21A, 4 29 21A Munnangi Subbarao Street, Et Colony Ithanagar Tenali, Guntur-522 201, Et Colony Ithanagar, Tenali

Size:212.33 Sq Yards

Auction Description

Kotak Mahindra Prime Limited is conducting a SARFAESI auction for a land and building property in Tenali, Guntur, Andhra Pradesh. The auction will take place on November 14, 2025, from 2:00 PM to 4:00 PM. The reserve price for this auction is ₹1,63,00,000, with an Earnest Money Deposit (EMD) of ₹16,30,000 required to participate. This is a public auction, offering a transparent process for interested bidders. Ensure all necessary documentation and funds are in place prior to the auction start time.

Borrower Name:Mr. K Venkata Kishore

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

This property in Tenali presents a strong investment opportunity given its land and building combination and its location in a developing area of Guntur. The price point, coupled with auction terms, makes it an attractive prospect for buyers seeking valuable real estate.

Contact Details

Branch:Branch Office : Registered Office - Mumbai

Service Provider:drt.auctiontiger.net

Contact Details:

Mr. Ram Sharma

Contact no:8000023297

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