Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610381
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:01.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 12:00 PM
Bid Start Date:2025-12-08
Property Description
Prime plot of land located in the developing area of Koretipadu, Guntur, Andhra Pradesh. This residential land offers an excellent opportunity for investment or development. Situated in a growing locality, it benefits from the expanding infrastructure and potential for appreciation. The property is being auctioned by City Union Bank under SARFAESI Act, presenting a clear title and a straightforward transaction process. Ideal for individuals or developers looking to acquire land in a well-connected region.
State:Andhra Pradesh
City:Guntur
Area:Koretipadu
Asset Category:Residential
Full Address:Flat No.1, Samhit Residency Apartments Complex, D.No.269, Re-Survey No 269/3, bearing Door No. 1-35-148/28/A, Gujanagundia Area, Koritepadu Village, Koritepadu Sub-District, within Guntur Municipal Corporation Limits, Guntur District, Koretipadu, Guntur
Building/Society:Samhit Residency Apartments Complex
Size:44.25 sq.yds.
Auction Description
City Union Bank presents a SARFAESI auction for a valuable plot of land in Koretipadu, Guntur, Andhra Pradesh. The auction is scheduled for December 8, 2025, from 1:00 PM to 2:00 PM. The reserve price is set at ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. This is a unique chance to acquire a residential land parcel directly from the bank. Don't miss this opportunity to bid on a promising asset in a developing area.
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a combination of land and a flat in a developing locality. The reserve price is reasonable; however, potential investors should carefully evaluate the property's condition and conduct thorough due diligence.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
