Land for auction 503 Sairam Residency, Reddypalem, Guntur by BOI

Property for Auction in Reddypalem, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Reddypalem, Guntur
Auction Date IconAuction Date:
11-03-2025 12:00 PM

Auction Details

Auction ID:456305

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH VIJAYAWADA

Reserve Price:19,88,150

EMD:1,98,815

Service Provider:BAANKNET

Important Dates

Submission Date:10-03-2025 05:00 PM

Bid Start Date:11-03-2025 12:00 PM

Property Description

The property comprises of undivided and unspecified share of land in an extent of 41.80 sq.yds out of total extent of 773-6/9 sq.yds situated in Door No. 279, Reddipalem Gram Panchayat, Guntur Sub Division, Guntur District. The land boundaries are: East: 33 feet Wide Road, South: 33 feet Wide Road, West: 20 feet Wide Road, North: Property of Bandredy Hemachand. Additionally, the auction includes Flat No.503, 4th Floor, with a plinth area of 987 sq.ft including common area, car parking and Balcony with common utilities over water, drainage, passages and stairs etc at Sairam Residency. The flat is constructed on the aforementioned property and has the following boundaries: East: open corridor, South: Flat No.504, West: Open to Sky, North: Common lift, Corridor.

State:Andhra Pradesh

City:Guntur

Area:Reddypalem

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by Union Bank of India for a residential property located in Reddypalem, Guntur, Andhra Pradesh. The auction includes a land parcel of 41.80 sq.yds (out of 773-6/9 sq.yds) and Flat No. 503 on the 4th Floor, with a plinth area of 987 sq.ft. The property is situated in Sairam Residency and has boundaries including 33 feet wide roads on the East and South, a 20 feet wide road on the West, and property of Bandredy Hemachand on the North. The flat's boundaries are East: open corridor, South: Flat No.504, West: Open to Sky, North: Common lift, Corridor. The reserve price is 1988150.00 and the EMD is 198815.00. The auction will be held on 11-03-2025 from 12:00 PM to 05:00 PM. The Asset Recovery Branch Vijayawada is managing this auction.

Borrower Name:Mr. Puli Phani Jyothi

Auction Type:SARFAESI Auction

Contact Details

Contact Mail ID arb.vijayawada@unionbankofindia.bank

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