Land for auction Tenali Town Tenali 1 Cr Indian Bank

This offering is for a prime plot of land located in Tenali, Guntur, Andhra Pradesh. As a SARFAESI auction property of Indian Bank, this asset presents a unique opportunity for investors and developers. The land is categorized as residential, offering potential for various development projects. Situated in the well-connected city of Guntur, the property benefits from its strategic location within a developing region of Andhra Pradesh. This is a direct opportunity to acquire a significant land parcel through a transparent bank auction process. The property is being auctioned by Indian Bank as part of its asset recovery proceedings.

Indian Bank is conducting a SARFAESI auction for a significant land parcel in Tenali, Guntur, Andhra Pradesh. The auction is scheduled for November 19, 2025, commencing at 10:00 AM and concluding at 04:00 PM on the same day. The reserve price for this residential land is set at INR 1,36,30,000, with an Earnest Money Deposit (EMD) of INR 13,63,000 required to participate. This is a direct opportunity to bid on a valuable asset formerly associated with M/s Raveendra Engineering And Solvents. All interested parties are encouraged to review the auction terms and conditions provided by Indian Bank.

The property is a vacant land in Tenali, Guntur, offered at a reserve price of ₹13630000.0. While the location is decent, the investment is a calculated opportunity due to the specific local market dynamics and auction terms. Further due diligence is recommended.