Land for auction 4 Ramireddy peta area Narasaraopet Guntur by City Union Bank

Residential Land

This is a SARFAESI auction for a residential land property located in Narasaraopet, Guntur District, Andhra Pradesh. The property spans 168.40 Sq.yds (1515.60 Sq.ft.) and is situated within Narasaraopet Municipal Limits in the Ramireddy peta area. The auction is being conducted by City Union Bank, with the Credit Recovery and Management Department managing the process. The land is bounded by a joint wall with Annam Raju Chenchu Subbarao to the East, its own compound wall and property of Rajasekharuni Hanumanthrao to the South, a Municipal Road to the West, and its own compound wall and property of Paladugu Santhamma to the North. The reserve price is INR 4,500,000.00, and the Earnest Money Deposit (EMD) is INR 450,000.00. The auction is scheduled for June 30, 2025, from 1:00 PM to 2:00 PM. Applications for participation must be submitted by June 28, 2025, at 5:00 PM. The borrower is M/s. Krishna Cotton Industries.