Land for auction 504 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:
15-07-2025 12:00 PM

Auction Details

Auction ID:530633

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH : VIJAYAWADA

Reserve Price:35,78,670

EMD:3,57,867

Service Provider:BAANKNET

Important Dates

Submission Date:14-07-2025 05:00 PM

Bid Start Date:15-07-2025 12:00 PM

Property Description

The property comprises an undivided and unspecified share of land in Reddypalem, Guntur, measuring 41.80 sq yards out of a total of 773-6/9 sq yards. The land is situated at Door No 279 and is bounded by a 33 feet wide road to the East and South, the property of Bandreddy Hemachand to the North, and a 20 feet wide road to the West. Located on this land is Sairam Residency, a building that houses two flats, Flat No. 503 and Flat No. 504, both on the 4th floor. Each flat has a plinth area of 987.00 sq ft, including common areas, car parking, and a balcony. These flats are booked by Mr. Puli Srinivasa Rao and Mrs. Puli Phani Jyothi, respectively. They have been combined into a single unit but remain in an unfinished state. The combined unit's boundaries are: East: Common corridor, South: Open to sky, West: Open to sky, North: Common Lift, Steps and Common 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 property consists of two flats (Flat No. 503 and Flat No. 504) on the 4th floor of Sairam Residency, constructed on a piece of land. Both flats are in an unfinished and inseparable stage, with a combined plinth area of 1974 sq ft, including common areas and car parking. The auction has a reserve price of 3,578,670.00 and an EMD of 357,867.00. The auction will be held on 15-07-2025 from 12:00 PM to 05:00 PM.

Borrower Name:Mr Puli Srinivasa Rao

Auction Type:SARFAESI Auction

Contact Details

Contact E-mail: [email protected]

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