Plot for Auction Mamidipalem Prakasam 29.6 Lakh by State Bank of India 24 Jun 2026
Mamidipalem, Prakasam
Area: 1082.6/9 sq yards
Mamidipalem Gram Patta No.289, an extent of Ac.0.84 cents in Sy No.224/3, Plot No.3 an extent of 904.1/9 sq yards and Plot No.4 an extent of 178.5/9 sq yards
State Bank of India · Stressed Assets Recovery Branch
Reserve price
₹29,60,000
EMD ₹2,96,000
Auction date
24 Jun 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 1082.6/9 sq yards
- ▸Locality: Mamidipalem
- ▸Reserve: ₹29,60,000
- ▸EMD: ₹2,96,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Mamidipalem |
| Built-up / plot area | 1082.6/9 sq yards |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch |
| Unit / flat no. | Plot No.3, Plot No.4, Flat No. 302 |
| Building / society | Sri Surya Homes |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Mamidipalem, Prakasam by State Bank of India — reserve price ₹29,60,000, 1082.6/9 sq yards, Physical possession.
Explore this bank auction property featuring a valuable plot and flat in Ongole, Prakasam. The plot spans 1082.6/9 sq yards in Mamidipalem, and the flat, located in Sri Surya Homes, offers 1100 Sft. This property includes parking, electrical fittings, and easement rights. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹29,60,000 and an EMD of ₹2,96,000. Inspection dates are available from May 27 to June 23, 2026. Don't miss this opportunity for a prime real estate investment in Andhra Pradesh. Perfect for buyers searching for 'bank auction property' or 'properties in Ongole'.
GeoSquare note: The property presents a good investment opportunity due to its location in Ongole and the combination of a plot and flat. The reserve price seems reasonable for the area, and the physical possession adds to the appeal. However, potential buyers should carefully assess the market value and conduct a thorough due diligence.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.