Land for auction 15 Guntur Villa, Guntur, Guntur by IKF Finance Limited

Property for Auction in Guntur, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Guntur, Guntur
Auction Date IconAuction Date:
08-08-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:07-08-2025 05:00 PM

Bid Start Date:08-08-2025 12:00 PM

Property Description

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

Auction Description

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

Contact Details

Sri D. Srinivasa Rao, Mobile No. 9866509585

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