Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:614579
Bank Name:PIRAMAL FINANCE LTD
Branch Name:Kurla (West) Mumbai
Reserve Price:₹31,00,000
EMD:₹3,10,000
Auction Time:11:00 A.M. TO 01:00 P.M
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-12
Bid Start Date:2025-12-12
Property Description
This is a residential plot located in Proddatur, Kadapa, Andhra Pradesh. The property is being auctioned by PIRAMAL FINANCE LTD.
State:Andhra Pradesh
City:Kadapa
Area:Proddatur
Asset Category:Residential
Full Address:3, Dr No.4/107-1-3, Plot No.3,Sy No.393/3, Nehru Road, Ward No.4,Nr Siddardh School Prodduturu Muncipality, Prodduturu Muncipality, Proddatur
Auction Description
PIRAMAL FINANCE LTD is conducting a SARFAESI auction for a residential plot in Proddatur, Kadapa, Andhra Pradesh. The auction will take place on December 12, 2025, from 11:00 AM to 01:00 PM. The reserve price for this auction is INR 31,00,000, with an Earnest Money Deposit (EMD) of INR 3,10,000 required. This is an opportunity to acquire a plot in a developing area.
Borrower Name:Kiran Kumar Reddy R
Auction Type:SARFAESI Auction
Guarantor Names:Chaitanya Vani Rayapati
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing locality of Proddatur, with a moderate reserve price. While potentially a good investment, further due diligence is needed to ascertain market value and development opportunities. The auction terms are standard, making it a calculated opportunity.
Contact Details
Branch:Branch Office : Kurla (West) Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
