Land for auction Tenali Guntur 27 lakh Indian Bank

Property for Auction in Tenali, Guntur, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
37.00 Sq. Yds
Reserve Price
27,20,000
Reserve Price
27,20,000
EMD Required
2,72,000
Property Specifications
Size37.00 Sq. Yds
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Tenali, Guntur
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610447

Bank Name:Indian Bank

Branch Name:TENALI BRANCH

Reserve Price:27,20,000

EMD:2,72,000

Bid Increment:10,000

Auction Time:10.00 AM to 04.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

Prime agricultural land located in Tenali, Guntur, Andhra Pradesh. This SARFAESI auction property, formerly associated with M/S Amrai Resort, offers a significant opportunity for investment in a developing region. The land is categorized as residential but presents potential for various uses. Situated in a key area of Andhra Pradesh, it is ideal for those looking to acquire land for agricultural, developmental, or investment purposes.

State:Andhra Pradesh

City:Guntur

Area:Tenali

Asset Category:Residential

Full Address:TenaliMuncipal 8th Ward, 10th Block, TS No. 518/3, Tenali, Guntur

Size:37.00 Sq. Yds

Auction Description

Indian Bank is conducting a SARFAESI auction for a valuable land parcel in Tenali, Guntur, Andhra Pradesh. The auction will take place on November 19, 2025, from 10:00 AM to 4:00 PM. The reserve price is set at ₹27,20,000 with an Earnest Money Deposit (EMD) of ₹2,72,000. This is a direct opportunity to purchase property from the bank, offering clear title and a straightforward transaction process. Don't miss this chance to bid on this promising asset.

Borrower Name:M/S Amrai Resort

Auction Type:SARFAESI Auction

Guarantor Names:Garikapati Anusha, Garikapati Venkat Rao

Legal Details

Possession Status:Physical

Encumbrance Details:NIL

Why This Property

The property presents a calculated opportunity due to its location in Tenali and the combination of land and flat. While the reserve price is moderate, potential buyers should thoroughly assess the property conditions and market value before bidding. The auction terms seem standard, making it a reasonable investment consideration.

Contact Details

Branch:Branch Office : TENALI BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

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