Plot for auction 1756 EAST GUDUR-VARADA NAGAR, Gudur, Nellore by SBI

Property for Auction in Gudur, Nellore, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Gudur, Nellore
Auction Date IconAuction Date:
17-09-2025 11:00 AM

Auction Details

Auction ID:554998

Bank Name:State Bank of India

Branch Name:Stressed Assets Recovery Branch

Reserve Price:48,60,000

EMD:4,86,000

Service Provider:BAANKNET

Important Dates

Submission Date:16-09-2025 05:00 PM

Bid Start Date:17-09-2025 11:00 AM

Property Description

This offering is a residential plot located in Gudur, a developing area within Nellore, Andhra Pradesh. Situated in a region known for its growth potential, this plot presents an excellent opportunity for residential development or investment. The property is being auctioned by the State Bank of India under the SARFAESI Act. It is an ideal location for building a home or for future appreciation. Gudur offers accessibility and a growing infrastructure, making it an attractive area for real estate ventures.

State:Andhra Pradesh

City:Nellore

Area:Gudur

Asset Category:Residential

Auction Description

State Bank of India presents a SARFAESI auction for a residential plot in Gudur, Nellore, Andhra Pradesh. This is a prime opportunity to acquire a valuable asset formerly belonging to Sri Rayapaneni Ramanaiah Naidu. The auction features a competitive reserve price of ₹48,60,000, with an Earnest Money Deposit (EMD) of ₹4,86,000. The auction will be conducted online on September 17, 2025, starting at 11:00 AM and concluding at 4:00 PM. Don't miss this chance to invest in a sought-after location.

Borrower Name:Sri Rayapaneni Ramanaiah Naidu

Auction Type:SARFAESI Auction

Contact Details

Sri Y. Muktheswara Rao : 88866 40777

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