Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611962
Bank Name:Bank of Baroda
Branch Name:SATTENAPALLI BRANCH
Reserve Price:₹86,31,000
EMD:₹8,63,100
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
This is a SARFAESI auction for a Land and Building property in Narasaraopet, Guntur, Andhra Pradesh. The property is categorized as Residential and is associated with the borrower M/s Pravha Chilli Private Limited. The auction is being conducted by Bank of Baroda.
State:Andhra Pradesh
City:Guntur
Area:Narasaraopet
Asset Category:Residential
Full Address:D No.23-1A1, Reddygudem village D No.23-1A1, Reddygudem, Narasaraopet
Size:12.64 Ac
Auction Description
Bank of Baroda presents a SARFAESI auction for a Land and Building property in Narasaraopet, Guntur, Andhra Pradesh. The reserve price is ₹86,31,000 with an Earnest Money Deposit (EMD) of ₹8,63,100. The auction will take place on 05-12-2025, starting at 02:00 PM and concluding at 06:00 PM.
Borrower Name:M/s Pravha Chilli Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chinthapalli Pradeep Chakravarthy, Mr. Vipin Dhoundiyal, Mrs. Chinthapalli Jayashree, Mr. Chinthapalli Praveen Chakravarthy, Mrs. Chinthapalli Pranuthi, Mrs. Thella Nalini
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Narasaraopet, presents a calculated opportunity. The location in Guntur district, combined with the reserve price, warrants consideration. However, due diligence is recommended to assess market demand and potential appreciation before participating in the auction.
Contact Details
Branch:Branch Office : SATTENAPALLI BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:08641-233599
