Land for auction 142 Guntur Municipal Corporation Area, Guntur, Guntur by HDB Financial...

The property is a valuable land parcel situated in Guntur City, Andhra Pradesh, within the Guntur Municipal Corporation Area. Specifically located in the Vijayapuri Colony on Old Club Road, this land, previously part of a larger estate amounting to AC 1-50 Cents, has been subdivided. The plot in question is identified as Plot No. 142, measuring 64 Sq. Yards, with existing boundaries defining its position. The property also includes a sheeted house within its extent of 26.75 Sq. mts. It is strategically positioned with a 20 ft wide Municipal Road to the west, offering excellent accessibility. The surrounding plots are identified as Plot No. 141 to the north and Plot No. 153 to the east. This offering is classified as a residential asset, making it an attractive prospect for individuals looking to build a home or for developers seeking to capitalize on Guntur's growing real estate market. The strategic location and clear demarcation of the plot ensure a straightforward acquisition for interested buyers.

This SARFAESI auction presents a unique opportunity to acquire a land parcel in the vibrant city of Guntur, Andhra Pradesh. The property, located on Old Club Road in the Vijayapuri Colony area, is part of Guntur Municipal Corporation Area, offering significant potential for development or investment. With an initial reserve price of ₹39,06,880 and an Earnest Money Deposit (EMD) of ₹3,90,688, this is an accessible entry point for new buyers. The auction is being conducted by HDB Financial Services Limited through their service provider bankeauctions.com / C1 India. Prospective bidders are encouraged to conduct thorough due diligence on the property and the auction process. The auction will be held on July 31, 2025, with bidding open between 11:00 AM and 12:00 PM. The application submission deadline is July 30, 2025, by 06:00 PM. For any queries, interested parties can reach out to the provided contact numbers.