Property for Auction in Guntur, Guntur, Andhra Pradesh
Auction ID:531538
Bank Name:IKF Finance Limited
Branch Name:Head Office : Vijayawada
Reserve Price:₹55,00,000
EMD:₹5,50,000
Service Provider:Public Auction
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 12:00 PM
The property is a vacant land parcel measuring 389 Sq. Yds (325.24 Sq. Mts) located in Guntur, Guntur Sub-Dist, within the Guntur Municipal Corporation limits. The land is situated on the southern side of a larger plot (778 1/9 Sq. Yds) and has specific boundaries: East - 30 feet Road (64.3 ft), South - Property sold by Yamaparala Srinivasa Rao to others (54.6 ft), West - Property of Yenduri Raghavaiah (64.3 ft), North - Property Sold by the vendors to Chekuri Umadevi (54.6 ft). The property is an Asset Category Residential and is being auctioned as Land.
State:Andhra Pradesh
City:Guntur
Area:Guntur
Asset Category:Residential
This is a SARFAESI Auction conducted by IKF Finance Limited for a piece of land located in Guntur, Andhra Pradesh. The property is situated within the Guntur Municipal Corporation limits and measures approximately 389 Sq. Yds (325.24 Sq. Mts). The land is a vacant site with specific boundaries described. The reserve price for this auction is INR 55,00,000.00, with an Earnest Money Deposit (EMD) of INR 5,50,000.00. The auction will take place on August 8, 2025, from 12:00 PM to 12:30 PM. The borrower for this asset is Mr. Chekuri Rama Koteswara Rao.
Borrower Name:Mr. Chekuri Rama Koteswara Rao
Auction Type:SARFAESI Auction
Sri D. Srinivasa Rao, Mobile No. 9866509585