Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610652
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹37,27,000
EMD:₹3,72,700
Bid Increment:₹30,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-29
Bid Start Date:2025-11-29
Property Description
This auction features a residential plot located in East Godavari, Andhra Pradesh, presented by the Central Bank of India. The property is situated in the East Godavari area, offering a prime opportunity for buyers in this developing region. Ideal for residential development, this plot represents a sound investment in a sought-after location.
State:Andhra Pradesh
City:East Godavari
Area:East Godavari
Asset Category:Residential
Full Address:Pothavaram Village R S No 258/3, Ananathapalli, East Godavari
Size:266 Sqyds
Auction Description
Central Bank of India is conducting a SARFAESI auction for a residential plot in East Godavari, Andhra Pradesh. The auction has a reserve price of ₹3,727,000 and requires an Earnest Money Deposit (EMD) of ₹372,700. The auction will be held online, commencing on November 29, 2025, at 11:00 AM and concluding at 04:00 PM on the same day. Don't miss this chance to acquire a valuable asset.
Borrower Name:Sri Manda Krishna Rao
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Manda Sreedevi, Mr.Manda Satyanarayana, Mr.Manda Nageswara Rao, Mr.Manda Lingeswara Rao, M/s. Sri Krishna Poultry Farm
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in East Godavari presents a calculated opportunity due to its size and location. The reserve price is reasonable, and the auction terms are standard. Further due diligence on the location and market demand is recommended before investing.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:6304906626
