Property for Auction in Nellore, Nellore, Andhra Pradesh
Auction ID:566654
Bank Name:Indian Bank
Branch Name:Nellore branch
Reserve Price:₹2,00,70,000
EMD:₹20,07,000
Service Provider:BAANKNET
Submission Date:26-09-2025 05:00 PM
Bid Start Date:29-09-2025 11:00 AM
Indian Bank is conducting a SARFAESI auction for a valuable piece of land located in Nellore, Andhra Pradesh. This residential asset, formerly belonging to M/s BR Minerals, presents an excellent opportunity for investment. Situated in the heart of Nellore city, the property offers strategic accessibility and potential for development. The auction is a prime chance to acquire land in a growing region. For detailed information regarding the property's exact location and boundaries, interested parties are advised to refer to the official auction notice.
State:Andhra Pradesh
City:Nellore
Area:Nellore
Asset Category:Residential
This is a SARFAESI auction by Indian Bank for land in Nellore, Andhra Pradesh. The property has a reserve price of INR 2,00,70,000 and requires an Earnest Money Deposit (EMD) of INR 20,07,000. The auction will take place on 29th September 2025, starting at 11:00 AM and concluding at 04:00 PM on the same day. This is a significant opportunity to acquire property through a secured process. All interested bidders must ensure they meet the eligibility criteria and submit the required documentation before the auction commencement.
Borrower Name:M/s BR Minerals
Auction Type:SARFAESI Auction
Contact Number:8291220220