Land for auction 21 Municipal Road, Kothapeta, Guntur by City Union Bank

Property for Auction in Kothapeta, Guntur, Andhra Pradesh

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

Auction Details

Auction ID:533749

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:51,00,000

EMD:5,10,000

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 and building located in Kothapeta, Guntur, Andhra Pradesh. It consists of a site measuring 3,576.44 Sq. Yards (or 2.990.35 Sq.mts) and a shop, bearing No. G-23, located on the ground floor of SVRS Empire. The shop has an area of 630 sq.ft., including common areas, and comes with cellar parking for one car and one two-wheeler. The property is bounded by properties belonging to C. Chalapathi Rao, B. Madhava Rao and others, Dr. P. Venkata Manohara Rao and others, and a Municipal Road and Drainage Canal.

State:Andhra Pradesh

City:Guntur

Area:Kothapeta

Asset Category:Residential

Auction Description

This auction features a land and building property in Kothapeta, Guntur, Andhra Pradesh, owned by Mr. P. Bhavani Shankar. The property, located at Door No. 12-1-12, spans 3,576.44 Sq. Yards (or 2.990.35 Sq.mts). It is part of a SARFAESI auction conducted by City Union Bank. The property includes an undivided share of site and a shop (G-23) on the ground floor of SVRS Empire, with specified boundaries. The auction has a reserve price of ₹51,00,000 and an EMD of ₹5,10,000. The auction will take place on July 29, 2025, from 11:00 AM to 01:00 PM.

Borrower Name:M/s. Jayalakshmi Medical Agencies

Auction Type:SARFAESI Auction

Contact Details

Contact Telephone No. 0863-2219091, Cell No.9347099363

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