Land and Building for Auction Narasaraopet Guntur 16.2 Lakh by Tamilnad Mercantile Bank Limited 10 Jun 2026
Narasaraopet, Guntur
Area: 80.66 Sq yards
Northern Part Of Plot No. 21 in the layout named as SAI NAGAR-1 in Sy.No. 282/A2, Near Vengalareddy Nagar, Yallamanda Villagae Panchayat Limits, Narasaraopet Revenue Village Limits, Narasaraopet Mandal, Palnadu District
Tamilnad Mercantile Bank Limited · NARASARAOPET BRANCH
Reserve price
₹16,20,000
EMD ₹1,62,000
Auction date
10 Jun 2026, 03:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 80.66 Sq yards
- ▸Locality: Narasaraopet
- ▸Reserve: ₹16,20,000
- ▸EMD: ₹1,62,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Narasaraopet |
| Built-up / plot area | 80.66 Sq yards |
| Lender | Tamilnad Mercantile Bank Limited |
| Branch | NARASARAOPET BRANCH |
| Unit / flat no. | 21 |
| Building / society | SAI NAGAR-1 |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land And Building bank auction in Narasaraopet, Guntur by Tamilnad Mercantile Bank Limited — reserve price ₹16,20,000, 80.66 Sq yards, Symbolic possession.
Bank auction property available in Narasaraopet, Guntur! This residential land and building spans 80.66 sq yards, located in SAI NAGAR-1, Plot No. 21. The property is under construction. The auction is scheduled for June 10, 2026, with a reserve price of ₹16,20,000 and an EMD of ₹1,62,000. Seize this opportunity to invest in a promising location through this bank auction property. Don't miss out on this chance to acquire land in a developing area. Explore the potential of Narasaraopet!
GeoSquare note: The property is a residential land with an under-construction building in Narasaraopet, offered at a reserve price of ₹16,20,000. Its location in a developing area of Guntur offers potential for future appreciation. However, the under-construction status and symbolic possession add an element of risk, making it a fair option for investors seeking long-term growth.
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