Land for auction 191 Melers and structures therein like RCC d Ravipadu Guntur by City U...

Discover a promising parcel of land in Ravipadu, Guntur, Andhra Pradesh, offered through a City Union Bank auction. This residential property extends to approximately 314 square yards (263 square meters) and is situated on Narasaraopet Road. The site features an existing RCC structure, adding to its immediate utility and potential. The property's strategic location is enhanced by its clear demarcations: east by the applicant's site, south by Pudota Suneel's property, west by a road providing accessibility, and north by Medabalimi Poul Raju's land. This plot represents an excellent opportunity for aspiring homeowners or astute investors looking to capitalize on the developing real estate landscape of Guntur. The flexibility of land ownership through bank auctions allows for potential value addition and customization to suit specific needs. Whether your vision is to construct a bespoke residence or explore other development avenues, this property offers a solid foundation. Ensure you thoroughly review the property details and location advantages before making your bid.

This SARFAESI auction presents a unique opportunity to acquire a plot of land in Ravipadu, Guntur, Andhra Pradesh, owned by Mr. Paturi Krishna. The property, spanning 314 sq yards or 263 sq meters, is located on Narasaraopet Road and includes an RCC structure. Its boundaries are clearly defined, with the applicant's site to the east, the property of Pudota Suneel to the south, a road to the west, and the property of Medabalimi Poul Raju to the north. As a residential asset, this land holds significant potential for development, whether for building a new home or for investment purposes in a growing region. The auction process, managed by Public Auction, is a transparent method for acquiring properties directly from the bank. Interested buyers should note the reserve price of INR 2,200,000 and the Earnest Money Deposit (EMD) of INR 220,000. The auction is scheduled to take place on July 31, 2025, from 11:00 AM to 1:00 PM, with applications to be submitted by July 30, 2025, 05:00 PM. For further inquiries, the Credit Recovery and Management Department at City Union Bank can be reached at 08647-221777 or 9393824509. Familiarize yourself with the auction terms and conditions prior to participating.