Plot for Auction Edulapalem Guntur 25.8 Lakh by Union Bank of India 416157
Edulapalem, Guntur
Area: 605 sq. yards
Edulapalem Village, Prathipadu Mandal, Guntur District
Union Bank of India · Asset Recovery Branch
Reserve price
₹25,80,000
EMD ₹2,58,000
Auction date
29 Sep 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 605 sq. yards
- ▸Locality: Edulapalem
- ▸Reserve: ₹25,80,000
- ▸EMD: ₹2,58,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Edulapalem |
| Built-up / plot area | 605 sq. yards |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | D no 15/1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,800 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Edulapalem, Guntur by Union Bank of India — reserve price ₹25,80,000, 605 sq. yards, Symbolic possession.
Explore this bank auction property located in Edulapalem, Prathipadu, Guntur. This residential plot spans 605 sq. yards and is available through a Union Bank of India e-auction. Ideally situated near the local tobacco factory, this land offers significant potential for development. The reserve price is set at ₹25,80,000 with an EMD of ₹2,58,000. Interested buyers should note that the property is currently under a 'prohibited list' status as of July 2026, requiring thorough due diligence. Don't miss this opportunity to invest in a Guntur-based plot. For detailed terms and conditions, visit the official Union Bank of India auction portal. The auction is scheduled for 29th September 2026.
GeoSquare note: While the plot size and location in Prathipadu offer fair investment potential, the property's inclusion in the 'Prohibited list' significantly increases legal risk. Given the symbolic possession status and the legal notice regarding restricted status, potential bidders should exercise extreme caution and conduct comprehensive legal due diligence before participating in the auction.
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