Land and Building for Auction Karlapalem Grama Panchayat Area Guntur 30 Lakh by Cholamandalam Investment and Finance Company Limited 29 Jun 2026
Karlapalem Grama Panchayat Area, Guntur
Area: 484 Sq.yds
Door No. 7-361, Karlapalem Village, D. No. 580/6
Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai
Reserve price
₹30,00,000
EMD ₹3,00,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 484 Sq.yds
- ▸Locality: Karlapalem Grama Panchayat Area
- ▸Reserve: ₹30,00,000
- ▸EMD: ₹3,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Karlapalem Grama Panchayat Area |
| Built-up / plot area | 484 Sq.yds |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Corporate Office : Chennai |
| Unit / flat no. | 7-361 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | bankauctions.in |
About this property
Land And Building bank auction in Karlapalem Grama Panchayat Area, Guntur by Cholamandalam Investment And Finance Company Limited — reserve price ₹30,00,000, 484 Sq.yds, Symbolic possession.
Explore a valuable bank auction property: a residential land and building (House, Door No. 7-361) available for sale in Karlapalem Grama Panchayat Area, Guntur, Andhra Pradesh. This well-located property spans 484 Sq.yds and offers significant investment potential in the growing Guntur district. The e-auction by Cholamandalam Investment And Finance Company Limited is scheduled for June 29, 2026, from 11:00 AM to 01:00 PM. The reserve price is set at ₹30,00,000, with an EMD of ₹3,00,000. Property inspection dates are June 22 & 23, 2026. Don't miss this opportunity to acquire a residential house for sale through bank auction in Karlapalem, Guntur. Submit your EMD by June 27, 2026.
GeoSquare note: This residential land and building in Karlapalem, Guntur, offers a decent opportunity at a reserve price of ₹30 lakhs for 484 Sq.yds. The location in a developing district suggests potential for appreciation. However, the symbolic possession status means the buyer will need to undertake steps for physical possession, adding a layer of complexity. It's a fair option for investors comfortable with this condition.
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