Land for Auction Muthukuru Village Muthukuru Mandalam Nellore 1.6 Crore by Indian Bank 08 Jul 2026
Muthukuru Village, Muthukuru Mandalam, Nellore
Area: 7.72 Acres
Sy. No. 409, 414, Muthukuru Village, Muthukuru Mandalam, Nellore District, Andhra Pradesh.
Indian Bank · Stressed Assets Management Branch
Reserve price
₹1,57,00,000
EMD ₹15,70,000
Auction date
08 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 7.72 Acres
- ▸Locality: Muthukuru Village, Muthukuru Mandalam
- ▸Reserve: ₹1,57,00,000
- ▸EMD: ₹15,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Muthukuru Village, Muthukuru Mandalam |
| Built-up / plot area | 7.72 Acres |
| Lender | Indian Bank |
| Branch | Stressed Assets Management Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Muthukuru Village, Muthukuru Mandalam, Nellore by Indian Bank — reserve price ₹1,57,00,000, 7.72 Acres, Symbolic possession.
Discover a prime land bank auction opportunity from Indian Bank. This e-auction features a total of 7.72 Acres of land, spread across Sy. No. 409 and 414, located in Muthukuru Village, Muthukuru Mandalam, Nellore District, Andhra Pradesh. Ideal for investors, this bank auction property offers significant potential. The reserve price is ₹1,57,00,000, with an EMD of ₹1,570,000. The e-auction is scheduled for July 8, 2026, from 11 AM to 4 PM. This land for sale has symbolic possession by the bank and is free from known encumbrances. Don't miss this opportunity to acquire valuable land in Nellore through a transparent bank auction.
GeoSquare note: This land parcel, totaling 7.72 acres in Muthukuru Village, Nellore, presents a strong investment opportunity, especially for agricultural or developmental purposes. The transparent bank auction process with a clear reserve price and no known encumbrances adds to its appeal. While the possession is symbolic, indicating potential legal steps required, the significant land size in a growing district makes it a 'Strong Buy' for long-term capital appreciation.
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