Property for Auction in Narasaraopet, Guntur, Andhra Pradesh
Auction ID:547440
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹36,00,000
EMD:₹3,60,000
Service Provider:Public Auction
Submission Date:18-08-2025 12:00 PM
Bid Start Date:18-08-2025 01:00 PM
This property, located in Narasaraopet, Guntur, Andhra Pradesh, consists of both Land and a Building. It is being auctioned by City Union Bank under the SARFAESI Act. The property is situated in a developing area, offering potential for residential use or investment. Details regarding the specific size, dimensions, and condition of the land and building will be available in the detailed auction notice. The location in Guntur, a major city in Andhra Pradesh, provides good connectivity and access to amenities. This asset was previously mortgaged by Mr. P. Venkata Ramana Bhaskar.
State:Andhra Pradesh
City:Guntur
Area:Narasaraopet
Asset Category:Residential
City Union Bank is conducting a SARFAESI auction for a prime property in Narasaraopet, Guntur, Andhra Pradesh. This is a unique opportunity to acquire a Land and Building asset. The reserve price is set at ₹36,00,000, with an Earnest Money Deposit (EMD) of ₹3,60,000 required to participate. The auction will be held on August 18, 2025, from 1:00 PM to 2:00 PM. This is an excellent chance for investors and buyers looking to enter the Guntur real estate market. Don't miss out on this bank auction.
Borrower Name:Mr. P. Venkata Ramana Bhaskar
Auction Type:SARFAESI Auction
Telephone No : 08632219091 / Cell No : 9347099363 / 8925876329