Property for Auction in Buchireddypalem, Nellore, Andhra Pradesh
Auction ID:572789
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹65,00,000
EMD:₹6,50,000
Service Provider:BAANKNET
Submission Date:07-10-2025 05:00 PM
Bid Start Date:08-10-2025 11:00 AM
State Bank of India is auctioning a prime residential plot in Buchireddypalem, Nellore, Andhra Pradesh. This SARFAESI auction presents a fantastic opportunity to acquire a valuable piece of land in a developing area. The property is suitable for residential development and is being offered by the State Bank of India. Located in the Nellore district, this plot is part of a growing region with potential for future appreciation. Don't miss this chance to invest in Andhra Pradesh's real estate market.
State:Andhra Pradesh
City:Nellore
Area:Buchireddypalem
Asset Category:Residential
State Bank of India invites bids for a residential plot in Buchireddypalem, Nellore, Andhra Pradesh, under the SARFAESI Act. The auction will be conducted online on 08-10-2025, starting at 11:00 AM and closing at 04:00 PM. The reserve price is set at ₹65,00,000, with an Earnest Money Deposit (EMD) of ₹6,50,000 required to participate. This is a liquidation auction to recover dues from M/s. Pavuluri Engineering. Secure your bid for this plot and take advantage of this significant real estate opportunity.
Borrower Name:M/s. Pavuluri Engineering
Auction Type:SARFAESI Auction
Contact Number:81217 65159 /77082 27771