Property for Auction in Tenali, Guntur, Andhra Pradesh
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
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
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
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
Possession Status:Physical
Encumbrance Details:NIL
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.
Branch:Branch Office : TENALI BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220