Land for auction Kolanakonda Guntur 32 lakh Bank of Baroda

This auction features a valuable plot of land located on Mangalagiri Road in Guntur, Andhra Pradesh. The property is ideal for residential development and offers a prime opportunity for investors and individuals looking to build their dream home in a developing area. The land is situated in a well-connected locality, ensuring easy access to essential amenities and transport links. This is a significant opportunity to acquire a desirable piece of real estate in Guntur.

Bank of Baroda presents a SARFAESI auction for a residential land parcel situated on Mangalagiri Road, Guntur. The auction is scheduled for December 5, 2025, with bidding open from 2:00 PM to 6:00 PM. The reserve price for this property is INR 32,44,000, and the Earnest Money Deposit (EMD) required is INR 3,24,400. This is a direct opportunity from the bank to acquire the asset belonging to Mrs. Venkata Lakshmi Manjusha.

The property is a land parcel in a developing area, offering moderate investment potential. The reserve price is reasonable, but further due diligence is recommended to assess the location's future growth prospects. Given the type and location, this is a calculated opportunity.