Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610378
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,13,00,000
EMD:₹11,30,000
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 12:00 PM
Bid Start Date:2025-12-08
Property Description
This is a bank auction for a land and building property located in Narasaraopet, Guntur, Andhra Pradesh. The asset is categorized as residential and is being auctioned by City Union Bank under the SARFAESI Act. This is a prime opportunity to acquire a property in a developing area.
State:Andhra Pradesh
City:Guntur
Area:Narasaraopet
Asset Category:Residential
Full Address:D. No.356/1, Sattenapalli Municipality, Sattenapalli, Sattenapalli, Narasaraopet
Size:450 Sq.yds
Auction Description
City Union Bank is conducting a SARFAESI auction for a residential land and building in Narasaraopet, Guntur, Andhra Pradesh. The auction will take place on December 8, 2025, from 1:00 PM to 2:00 PM. The reserve price is ₹1,13,00,000, with an Earnest Money Deposit (EMD) of ₹11,30,000. This is a single-day auction event. Don't miss this opportunity to bid on this valuable asset.
Borrower Name:M/s. Sri Sandhya Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bolla Bhulakshmi, Mr. Bolla Chowdary, Mrs. Bolla Sunitha, Ms. Bolla Sandhya Ravi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Narasaraopet, presenting a moderate investment opportunity. The reserve price is reasonable for the area, but potential investors should conduct thorough due diligence. Auction terms seem standard, leading to a 'Calculated Opportunity' rating.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
