Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610380
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹22,00,000
EMD:₹2,20,000
Service Provider:Public Auction
Important Dates
Submission Date:08-12-2025 12:00 PM
Bid Start Date:2025-08-12
Property Description
City Union Bank presents a prime land parcel in Guntur, Andhra Pradesh, for auction. Located in the Guntur area, this residential land offers a fantastic opportunity for development or investment. The property is offered by City Union Bank as part of a SARFAESI auction, representing a unique chance to acquire valuable real estate.
State:Andhra Pradesh
City:Guntur
Area:Guntur
Asset Category:Residential
Full Address:Samhit Residency Apartment Complex, D.No.269, Re-Survey No.269/3, bearing Door No. 1-35-148/28/A, Gujanagundia Area, Koritepadu Village, Koritepadu Sub-District, Gujjanagundia Area, Guntur
Building/Society:Samhit Residency Apartment Complex
Size:44.25 sq, yds
Auction Description
This is a SARFAESI auction conducted by City Union Bank for a land property in Guntur, Andhra Pradesh. The auction is scheduled for December 8, 2025, with bidding open from 01:00 PM to 02:00 PM. The reserve price for this valuable land is ₹22,00,000.0, with an Earnest Money Deposit (EMD) of ₹2,20,000.0 required to participate. Don't miss this opportunity to bid on this significant asset.
Borrower Name:M/s. Sri Sandhya Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Bolla Bhulakshmi, Mr. Bolla Chowdary, Mrs. Bolla Sunitha, Ms. Bolla Sandhya Ravi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a combination of land and a flat in a residential complex, presenting a balanced investment. Located in Guntur, it has potential, but the 'open to sky' boundaries for the flat might affect its desirability. The reserve price seems reasonable, but a thorough due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08632-222005
