Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613865
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹30,00,000
EMD:₹3,00,000
Auction Time:01.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 12:00 PM
Bid Start Date:2025-11-25
Property Description
This auction features a valuable plot of land in Bhimavaram, West Godavari, Andhra Pradesh. The property is an excellent opportunity for development or investment in a growing area. Situated in a prime location, this land offers accessibility and potential for future appreciation. Ideal for those looking to acquire real estate in a desirable region.
State:Andhra Pradesh
City:West Godavari
Area:Bhimavaram
Asset Category:Residential
Full Address:R.S.No.71/6, nearest Door No. 1-3-7/2, Bhimavaram Mandal, Bhimavaram, West Godavari
Size:314.70 Sq. Yds
Auction Description
City Union Bank presents a SARFAESI auction for a residential land parcel in Bhimavaram, West Godavari. The auction begins on November 25, 2025, at 01:00 PM and concludes at 02:00 PM on the same day. The reserve price is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required to participate. This is a direct opportunity to bid on a property owned by Mrs. Chelamkuri Sandhya Devi.
Borrower Name:Mrs. Chelamkuri Sandhya Devi
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chelamkuri Vishnu Murthy, Mrs. Chelamkuri Lakshmi Narasalakshmi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Bhimavaram, with a moderate reserve price. While the location might offer potential, further investigation into local market conditions is advised. It's a 'Calculated Opportunity' requiring due diligence to ascertain its investment viability.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08816-230280
