Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611133
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MONITORING BRANCH
Reserve Price:₹25,00,000
EMD:₹2,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a prime land parcel located in Prathipadu, Guntur, Andhra Pradesh, offered for auction by Punjab National Bank. The property is categorized as residential land, presenting a valuable opportunity for development or investment in a growing region. Its location in Guntur, a significant city in Andhra Pradesh, ensures accessibility and potential for appreciation. This land is part of a SARFAESI auction, making it a straightforward acquisition process.
State:Andhra Pradesh
City:Guntur
Area:Prathipadu
Asset Category:Residential
Full Address:Plots No. 10 to 12, D.No. 199/A, D No. 199/B, Chowdavaram Village, Chowdavaram, Guntur
Size:652.28 sq. yards
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land property in Prathipadu, Guntur. The auction begins on November 26, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price for this valuable land is INR 25,00,000, with an Earnest Money Deposit (EMD) of INR 25,00,000 required to participate. This is a direct opportunity to acquire a property from the bank, formerly associated with M/s Vijaya Sai Cotton Traders.
Borrower Name:M/s Vijaya Sai Cotton Traders
Auction Type:SARFAESI Auction
Guarantor Names:Prathiwada Koteswaramma
Legal Details
Possession Status:Physical
Encumbrance Details:No Encumbrances
Why This Property
The property is a vacant land located in Chowdavaram, Guntur, offered at a reserve price of ₹25,00,000. While the location has potential, further investigation into market demand and accessibility is advised. It represents a calculated opportunity for investors familiar with the area.
Contact Details
Branch:Branch Office : ASSET RECOVERY MONITORING BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
