Property for Auction in Tenali, Guntur, Andhra Pradesh
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
Submission Date:2025-11-13
Bid Start Date:2025-11-14
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Registered Office - Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Mr. Ram Sharma
Contact no:8000023297