Property for Auction in Piduguralla, Guntur, Andhra Pradesh
Auction ID:560055
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹2,98,61,000
EMD:₹29,86,100
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 12:00 PM
This auction features a parcel of land located in Piduguralla, within the Guntur district of Andhra Pradesh. The property is classified as Residential and is offered by Union Bank of India under SARFAESI proceedings. Situated in a developing region, this land presents a significant opportunity for real estate development or investment. Its accessibility and location within Guntur district make it an attractive prospect for various land use purposes. Further details regarding the specific dimensions and boundaries of the land will be made available to interested bidders.
State:Andhra Pradesh
City:Guntur
Area:Piduguralla
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for land in Piduguralla, Guntur, Andhra Pradesh. This is a prime opportunity to acquire valuable land. The reserve price is ₹2,98,61,000 and the Earnest Money Deposit (EMD) is ₹29,86,100. The auction will be held online on August 29, 2025, from 12:00 PM to 5:00 PM. This property is being auctioned due to the default of borrower M/s Vamsadhara Cotton Industries. Don't miss this chance to invest in Guntur's growing real estate market.
Borrower Name:M/s Vamsadhara Cotton Industries
Auction Type:SARFAESI Auction
E-Mail: arb.vijayawada@unionbankofindia.bank