Land and Building for Auction Palakollu Rural Village West Godavari 2.2 Crore by State Bank of India 15 Jun 2026
Palakollu Rural Village, West Godavari
Area: 1936 sq yards
Door No: 11-70, Assessment No:877
State Bank of India · Stressed Assets Recovery Branch
Reserve price
₹2,20,00,000
EMD ₹22,00,000
Auction date
15 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1936 sq yards
- ▸Locality: Palakollu Rural Village
- ▸Reserve: ₹2,20,00,000
- ▸EMD: ₹22,00,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Palakollu Rural Village |
| Built-up / plot area | 1936 sq yards |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch |
| Unit / flat no. | 11-70 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Palakollu Rural Village, West Godavari by State Bank of India — reserve price ₹2,20,00,000, 1936 sq yards, Physical possession.
Bank auction property located in Palakollu, West Godavari, Andhra Pradesh. This land and building offers a residential site spanning 1936 sq yards (0.40 cents). The e-auction is scheduled for June 15, 2026, from 11:00 AM to 4:00 PM, with a reserve price of ₹22,000,000 and an EMD of ₹2,200,000. Interested buyers can inspect the property between May 28, 2026, and June 14, 2026. This bank auction property presents a valuable opportunity for investors and individuals seeking a property in a developing location. Don't miss this chance to acquire a prime piece of real estate!
GeoSquare note: The property is a land and building in Palakollu with physical posession, offered at a reserve price of ₹22,000,000. While the location may not be prime, the asset is tangible and offers potential for development or resale. Its recommendation is a 'Fair Option' given the balance between risk and potential reward.
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