Property for Auction in Gudur, Nellore, Andhra Pradesh
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
Submission Date:16-09-2025 05:00 PM
Bid Start Date:17-09-2025 11:00 AM
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
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
Sri Y. Muktheswara Rao : 88866 40777