Representative illustration — Plot bank auction in Edulapalem
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Risky Choice

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

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Quick read

  • ▸Possession: Symbolic
  • ▸Area: 605 sq. yards
  • ▸Locality: Edulapalem
  • ▸Reserve: ₹25,80,000
  • ▸EMD: ₹2,58,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityEdulapalem
Built-up / plot area605 sq. yards
LenderUnion Bank of India
BranchAsset Recovery Branch
Unit / flat no.D no 15/1
Auction typeSARFAESI Auction
Bid increment₹25,800
Service providerBAANKNET

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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