Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610466
Bank Name:ARKA FINCAP LIMITED
Branch Name:Registered Office
Reserve Price:₹1,90,00,000
EMD:₹19,00,000
Bid Increment:₹50,000
Auction Time:10:30 am to 11.30 am
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
ARKA FINCAP LIMITED is auctioning a residential land and building in Guntur, Andhra Pradesh. This SARFAESI auction presents an opportunity to acquire property in the Guntur area. The borrower for this asset is Mis. SAI SRI GROUNDNUTS. The property is identified as a Land And Building type.
State:Andhra Pradesh
City:Guntur
Area:Guntur
Asset Category:Residential
Full Address:Old Door No. 16/528, New Door No. 20-10-12, 20-10-12/A, Municipal Assessment No. 28807, Present Assessment No. 1021087200, T. S. No. 18, Municipal Factories Old Ward No. 14, Present Ward No. 16, Block No. 1, R. Agraharam Koneti Road area, R. Agraharam, Guntur
Size:261.4/9 Square Yards
Auction Description
This is a SARFAESI auction conducted by ARKA FINCAP LIMITED for a residential land and building in Guntur, Andhra Pradesh. The auction will take place on 09-12-2025, starting at 10:30 AM and ending at 11:30 AM. The reserve price is ₹19,000,000, with an Earnest Money Deposit (EMD) of ₹1,900,000 required. This auction is a significant opportunity for potential buyers in the Guntur region.
Borrower Name:Mis. SAI SRI GROUNDNUTS
Auction Type:SARFAESI Auction
Guarantor Names:M/s. LAKSHMI SEEDS, Mr. MADHAV KUMAR SAKALA, Mrs. RAMYA SAKALA
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Guntur and its land and building type suggest potential. However, due diligence is crucial due to the 'As Is Where Is Basis' sale condition and auction terms. The moderate prime property score reflects a balance between location advantages and associated risks.
Contact Details
Branch:Branch Office : Registered Office
Service Provider:BAANKNET
Contact Details:
Sd/-Authorised Officer
Contact no: —
