Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610555
Bank Name:City Union Bank
Branch Name:kumbakonam
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:2025-08-12
Property Description
This auction features a valuable plot of land located in Guntur, Andhra Pradesh, offered by City Union Bank. Situated in the Guntur area, this residential land presents a compelling opportunity for development or investment. The property is part of a SARFAESI auction, indicating it is being sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. This is a prime chance to acquire land in a developing region.
State:Andhra Pradesh
City:Guntur
Area:Guntur
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, Gujjanagundla Area, Koritepadu Village, Kornitepadu Sub-District, Gujjanagundla Area, Guntur
Building/Society:Samhit Residency Apartments Complex
Size:1018.29 Sq. feet
Auction Description
City Union Bank is conducting a SARFAESI auction for a plot of land in Guntur, Andhra Pradesh. The auction will take place on December 8, 2025, from 1:00 PM to 2:00 PM. The reserve price for this land is ₹22,00,000, with an Earnest Money Deposit (EMD) of ₹2,20,000 required to participate. This is a single-day, one-hour auction event, presenting a swift opportunity for interested buyers to secure this asset. Don't miss this chance to bid on a valuable piece of real estate.
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 presents a mixed opportunity with land and a flat in Guntur. The reserve price is relatively moderate, but potential investors should thoroughly assess the location and flat condition. Given the symbolic possession and standard auction terms, it is a calculated opportunity.
Contact Details
Branch:Branch Office : kumbakonam
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
