Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612178
Bank Name:Indian Overseas Bank
Branch Name:Chandramouli Nagar Branch
Reserve Price:₹4,57,58,000
EMD:₹45,75,800
Bid Increment:₹1,00,000
Auction Time:11:00 A.M to 01:00 P.M
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This SARFAESI auction features a Land and Building asset in Prathipadu, Guntur, Andhra Pradesh. The property is categorized as Residential. The borrower is M/s. OM Poultry farms. This is a valuable opportunity to acquire real estate in a developing area.
State:Andhra Pradesh
City:Guntur
Area:Prathipadu
Asset Category:Residential
Full Address:D.no. 129/3, 111/3M. 111-3L3, 139, 111/3L5, 1113M, 129/3, 111/3L4, 111/3M of Nadim Palem, Chinakondrupadu, Nadimpalem, Guntur
Size:5.16 cents
Auction Description
Indian Overseas Bank is conducting an online SARFAESI auction for a Land and Building property in Prathipadu, Guntur. The auction will take place on November 20, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price is INR 4,57,58,000, with an Earnest Money Deposit (EMD) of INR 45,75,800 required to participate. This is a sealed bid auction.
Borrower Name:M/s. OM Poultry farms
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Paruchuri Madhava Rao, Smt. Paruchuri Nagaraja Kumari, Sri. Paruchuri Sunil Krishna, Smt. Paruchuri Venkata Srilakshmi, Mrs. S.Sudha Vahini
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a land and building in a developing area, offered at a considerable reserve price. While the location provides potential for future growth, the overall value is sound, meriting a calculated approach.
Contact Details
Branch:Branch Office : Chandramouli Nagar Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:8925951178
