Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613338
Bank Name:Bajaj Finance Ltd.
Branch Name:Regd. Office
Reserve Price:₹95,00,000
EMD:₹9,50,000
Bid Increment:₹25,000
Auction Time:3:00 pm to 5:00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
A prime plot of land located in Peddapuram, East Godavari, Andhra Pradesh. This residential plot is being auctioned by Bajaj Finance Ltd. under the SARFAESI Act. It presents a valuable opportunity for investment or development in a growing area. The property is situated in a well-connected locality with essential amenities nearby.
State:Andhra Pradesh
City:East Godavari
Area:Peddapuram
Asset Category:Residential
Full Address:1-5-7, Door No.1-5-7 Kondaiahpet Street, Kondaiahpet, Peddapuram
Size:594 Sq. Yards
Auction Description
Bajaj Finance Ltd. is conducting a SARFAESI auction for a residential plot in Peddapuram, East Godavari, Andhra Pradesh. The auction has a reserve price of INR 95,00,000 and requires an EMD of INR 9,50,000. Bidding will take place on November 28, 2025, between 3:00 PM and 5:00 PM. This is a unique chance to acquire a plot in a desirable location.
Borrower Name:M/s Leader Oils Agencies
Auction Type:SARFAESI Auction
Guarantor Names:K Hari Babu, Kondepudi Gangabhavani, Padmalatha Pendurthi, Veerunaidu Gummudu
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Peddapuram, a location with moderate investment appeal. The reserve price seems reasonable. Given the location and type, it's a calculated opportunity with potential for moderate returns.
Contact Details
Branch:Branch Office : Regd. Office
Service Provider:bankauctions.in
Contact Details:
Vaibhav Kadam
Contact no:9766231054
