Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610479
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,60,00,000
EMD:₹16,00,000
Auction Time:01.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
Prime plot of land located in Eluru, West Godavari district, Andhra Pradesh. This valuable asset is being auctioned by City Union Bank under SARFAESI. Situated in a developing area, this land offers excellent potential for residential development or investment. The property is easily accessible and surrounded by essential amenities. Ideal for builders and investors looking for a significant opportunity in a growing region.
State:Andhra Pradesh
City:West Godavari
Area:Eluru
Asset Category:Residential
Full Address:22C-12-17, West Godavari District, Eluru Sub-Registry, Eluru Municipal Town, Powerpet, Mothevari Satram Street, Opp. Dr. Kanchanamala Hospital (Present Shradda Hospital), Old 14/E Ward, Present 12th Ward, in TS. No 585, Powerpet, Eluru
Size:247-2/9 yds
Auction Description
City Union Bank invites bids for a significant land parcel in Eluru, West Godavari, Andhra Pradesh. This SARFAESI auction has a reserve price of INR 1,60,00,000 and an Earnest Money Deposit (EMD) of INR 16,00,000. The auction will be conducted online on November 20, 2025, starting at 01:00 PM and concluding at 02:00 PM. Don't miss this opportunity to acquire a substantial piece of land in a sought-after location.
Borrower Name:Mr. Erukulapati Srihari
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Erukulapati Aruna, Mr. Erukulapati Sambasivarao
Legal Details
Possession Status:As-is-where-is
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a developing area of Eluru and is being offered at a reasonable reserve price. While the property is a land with tiled house, the location provides potential for future appreciation. Auction terms are standard, making it a calculated opportunity for interested investors.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:0881-2240340
