Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611175
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹54,40,000
EMD:₹5,44,000
Bid Increment:₹20,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
A valuable piece of land with a building situated in Santhanuthalapadu, Prakasam, Andhra Pradesh. This residential asset offers a great opportunity for investment or development. The property is being auctioned by Bank of Baroda under SARFAESI Act. The area is known for its growing potential and accessibility.
State:Andhra Pradesh
City:Prakasam
Area:Santhanuthalapadu
Asset Category:Residential
Full Address:Plot No. 11, Plot No. 10, Pernamitta Village, Survey No. 147, Western Portion of Plot No. 11 and Eastern Portion of Plot No. 10, Residential Building D.No. 12-894, Pernamitta Village, Santhanuthalapadu
Size:114.46 sq. yards
Auction Description
This is a SARFAESI auction conducted by Bank of Baroda for a Land and Building property in Santhanuthalapadu, Prakasam. The reserve price is INR 54,40,000 with an Earnest Money Deposit (EMD) of INR 5,44,000. The auction will take place on December 5, 2025, starting at 02:00 PM and concluding at 06:00 PM. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mr. Shaik Muneerbasha
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Shaik Abdul Sukhukur, Mrs. Shaik Mastanbi
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable investment opportunity, considering its location in Santhanuthalapadu and the provided reserve price. The 'Constructive' possession status and limited available information necessitate careful due diligence. Potential investors should weigh the location and price against the potential risks and opportunities presented.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:8977513908
