Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609701
Bank Name:Hinduja Housing Finance Ltd
Branch Name:Corporate Office: Chennai
Reserve Price:₹16,27,748
EMD:₹1,62,774
Bid Increment:₹10,000
Auction Time:1100 hrs-1300 hrs
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a prime land parcel located in Bukkarayasamudram, Anantapur, Andhra Pradesh. The property is being auctioned by Hinduja Housing Finance Ltd under the SARFAESI Act. It is a residential asset categorized as land, offering significant potential for development. The location in Anantapur provides access to developing infrastructure and a growing community. This auction presents a unique opportunity to acquire valuable real estate in a key area of Andhra Pradesh.
State:Andhra Pradesh
City:Anantapur
Area:Bukkarayasamudram
Asset Category:Residential
Full Address:Property situated in RD Ananthapur, and SRD Bukkarayasamudram Rural, Podralla Gramam with in the fields of Bukkarayasamudram Mandal, Anantapur Dist. Babu Vivram, Govt Dry S.Y.No: 274/1B2, A.C: 0.30A.C: 0.06 Paiki, Western side, A.C 0.02, A.C: H.S: 0.008, Bukkarayasamudram, Anantapur
Size:97.22 Square Yards
Auction Description
Hinduja Housing Finance Ltd is conducting a SARFAESI auction for a land property in Bukkarayasamudram, Anantapur, Andhra Pradesh. The auction has a reserve price of INR 16,27,748.00 and requires an EMD of INR 1,62,774.00. The auction will take place on December 3, 2025, from 11:00 AM to 01:00 PM. This is a crucial opportunity for prospective buyers to acquire a residential land asset directly from the financial institution. Ensure all documentation and payment prerequisites are met before participating in this SARFAESI auction.
Borrower Name:Mr. MANTRI NAGARAJU
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. MANTRI KONDAMMA
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Bukkarayasamudram offers moderate potential due to its location. While the reserve price seems reasonable, further investigation into local land values is advisable. This represents a calculated opportunity for informed investors.
Contact Details
Branch:Branch Office : Corporate Office: Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
C.NAGA NARASIMHULU
Contact no:9885649400
