Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.2
Auction ID:610377
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹2,08,00,000
EMD:₹20,80,000
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 12:00 PM
Bid Start Date:2025-12-08
Property Description
This is a SARFAESI auction for a residential land and building located in Nallapadu, Guntur, Andhra Pradesh. The property is offered by City Union Bank. The reserve price for this auction is INR 2,08,00,000, with an Earnest Money Deposit (EMD) of INR 20,80,000. This is a significant opportunity to acquire a property in a developing area of Guntur.
State:Andhra Pradesh
City:Guntur
Area:Nallapadu
Asset Category:Residential
Full Address:D.No.419, Peda Palakaluru Village, Nallapadu, Guntur
Size:1340 Sq.yds.
Auction Description
City Union Bank is conducting a SARFAESI auction for a land and building property in Nallapadu, Guntur. The auction will take place on December 8, 2025, starting at 01:00 PM and concluding at 02:00 PM. The reserve price is set at INR 2,08,00,000, and interested bidders must submit an EMD of INR 20,80,000. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s. Sri Sandhya Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bolla Bhulakshmi, Mr. Bolla Chowdary, Mrs. Bolla Sunitha, Ms. Bolla Sandhya Ravi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property represents a strong investment opportunity due to its substantial land area in a developing location like Nallapadu, Guntur. The reserve price appears reasonable, considering the area. Interested buyers should conduct due diligence on local market trends and potential for development before bidding.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
