Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612087
Bank Name:Equitas Small Finance Bank Ltd.
Branch Name:Anna Salai, Chennai
Reserve Price:₹13,50,000
EMD:₹1,35,000
Bid Increment:₹10,000
Auction Time:02.00 PM to 2.30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
Equitas Small Finance Bank Ltd. presents a prime land auction opportunity located on Mangalagiri Road, Guntur, Andhra Pradesh. This residential land, belonging to Mr. Sadananda Khanra, offers a significant investment potential in a developing area. The property is situated in the bustling city of Guntur, known for its connectivity and growing infrastructure. Ideal for developers or individuals looking to build their dream home or make a strategic real estate investment.
State:Andhra Pradesh
City:Guntur
Area:Mangalagiri Road
Asset Category:Residential
Full Address:14-242, D.No: 14-242(Actual), D.No: 338/A, Block No. 14, Rear Side of Chaitanya Tapovanam, Nulakapet Village and Grama Panchayat, Tadepalli Municipality, Guntur District-522 501., Tadepalli, Guntur
Size:117 Sq. Yards
Auction Description
This is a SARFAESI Auction conducted by Equitas Small Finance Bank Ltd. for a land parcel in Guntur, Andhra Pradesh, on Mangalagiri Road. The auction will commence on November 25, 2025, at 02:00 PM and conclude at 02:30 PM. The reserve price for this valuable plot is INR 13,50,000, with an Earnest Money Deposit (EMD) of INR 1,35,000. This is a unique chance to acquire property through a transparent banking auction process.
Borrower Name:Mr.Sadananda Khanra
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Anjana Khanra
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land in a developing area of Guntur, offered at a reasonable reserve price. Given the location and potential for future development, this auction presents a calculated investment opportunity. However, potential buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : Anna Salai, Chennai
Service Provider:Public Auction
Contact Details:
Authorised Officer
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