Plot for Auction Chennur Bit 1 Nellore 40 Lakh by Bank of India 29 Jun 2026
Chennur Bit-1, Nellore
Area: 0.69 cents
Chennur Bit 1 village as per the link document Dry Survey No. 1224-as per revenue records (18 and Adangal) patta No.671, Survey No. 1224-1 as per the land conversion proceedings Survey No, 1224-2B to an 0.69 cents out of the enjoyment extent 0.92 cents from and out of the total extent of Ac.1.65 cents
Bank of India · Asset Recovery Branch
Reserve price
₹40,05,000
EMD ₹4,00,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.69 cents
- ▸Locality: Chennur Bit-1
- ▸Reserve: ₹40,05,000
- ▸EMD: ₹4,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Chennur Bit-1 |
| Built-up / plot area | 0.69 cents |
| Lender | Bank of India |
| Branch | Asset Recovery Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Chennur Bit-1, Nellore by Bank of India — reserve price ₹40,05,000, 0.69 cents, Symbolic possession.
Bank auction property! Vacant plot for sale in Chennur Bit-1, Gudur, Nellore, Andhra Pradesh. This plot measures 0.69 cents (0.92 cents enjoyment extent) and is located within SPSR Nellore registration District. Reserve price is ₹4005000.0 with an EMD of ₹400000.0. The e-auction will be held on 2026-06-29. This land holding has easementary rights and existing machinery. An excellent opportunity for investors to acquire property in a prime location through bank auction.
GeoSquare note: The property is a plot of land located in Gudur, Nellore, with symbolic possession. The reserve price is relatively affordable, making it accessible to some investors. However, the symbolic possession might require additional legal processes to gain full control, which could deter some buyers.
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