Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611730
Bank Name:Indian Bank
Branch Name:TIRUPATHI BRANCH
Reserve Price:₹31,35,000
EMD:₹3,13,500
Bid Increment:₹20,000
Auction Time:10:00:00 HRS TO 16:00:00 HRS
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This auction features a parcel of land located in Tirupati, Chittoor, Andhra Pradesh, offered by Indian Bank. Situated in a key area, this residential land presents a promising opportunity for development or investment. The property is being auctioned under SARFAESI regulations. Its location in Tirupati, a city known for its spiritual significance and growing infrastructure, adds to its potential value.
State:Andhra Pradesh
City:Chittoor
Area:Tirupati
Asset Category:Residential
Full Address:504, JAYA GOVINDA GREEN, No 9 Akkarampali village Accounts, Kothapalli extension residential area, Kothapalli extension, Tirupati
Building/Society:JAYA GOVINDA GREEN
Size:9441 sq. ft.
Auction Description
Indian Bank is conducting an e-auction for a piece of land in Tirupati, Chittoor, Andhra Pradesh. This SARFAESI auction has a reserve price of ₹31,35,000 and requires an EMD of ₹3,13,500. The auction will take place on November 19, 2025, running from 10:00 AM to 04:00 PM. This is a prime opportunity to acquire land in a developing region of Andhra Pradesh. Interested bidders should review all auction terms and conditions.
Borrower Name:Smt VG Manjula
Auction Type:SARFAESI Auction
Guarantor Names:Sri T Venkatesh Babu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Except for Tirupati Branch
Why This Property
The property in Tirupati, comprising both land and a flat, offers a solid investment opportunity. With a reasonable reserve price and strategic location in Kothapalli extension, it's poised for appreciation. The terms of the bank auction further enhance its attractiveness.
Contact Details
Branch:Branch Office : TIRUPATHI BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
