Land for auction 12 feet width Road, Reddypalem, Guntur by City Union Bank

Property for Auction in Reddypalem, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Reddypalem, Guntur
Auction Date IconAuction Date:
29-07-2025 11:00 AM

Auction Details

Auction ID:533579

Bank Name:City Union Bank

Branch Name:kumbakonam

Reserve Price:73,00,000

EMD:7,30,000

Service Provider:Public Auction

Important Dates

Submission Date:28-07-2025 05:00 PM

Bid Start Date:29-07-2025 11:00 AM

Property Description

The property is a land parcel with a building located in Reddypalem, Guntur, Andhra Pradesh. Specifically, it is D. No.381/2, Plot No. 12, within the Guntur Municipal Corporation Limits. The total area is 194.33 Sq.yds. The boundaries are defined as: East - Plot No. 11; South - Plot No. 19 of K. Sulochana Devi; West - Site of Bavisetty Lakshmi; North - 30 feet width Road. The property is described as residential.

State:Andhra Pradesh

City:Guntur

Area:Reddypalem

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential property consisting of land and a building in Reddypalem, Guntur, Andhra Pradesh. The property is owned by Mr. P. Bhavani Shankar and is part of the assets of M/s. Jayalakshmi Medical Agencies. The property is located at D. No.381/2, Plot No. 12, within Guntur Municipal Corporation limits. It measures 194.33 Sq.yds. and is bounded by Plot No. 11 to the East, Plot No. 19 of K. Sulochana Devi to the South, Site of Bavisetty Lakshmi to the West, and a 30 feet width road to the North. The auction is conducted by City Union Bank, with a reserve price of ₹73,00,000 and an Earnest Money Deposit (EMD) of ₹7,30,000. The auction starts on 29-07-2025 at 11:00 AM and ends on 29-07-2025 at 01:00 PM. Applications for the auction must be submitted by 28-07-2025 at 05:00 PM. For inquiries, contact the branch at 0663-2219091 or 9347099363.

Borrower Name:M/s. Jayalakshmi Medical Agencies

Auction Type:SARFAESI Auction

Contact Details

Contact Telephone No.0663-2219091, Cell No.9347099363.

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