Property for Auction in Chilakaluripet, Guntur, Andhra Pradesh
Auction ID:555501
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹16,00,000
EMD:₹1,60,000
Service Provider:Public Auction
Submission Date:30-08-2025 05:00 PM
Bid Start Date:01-09-2025 11:00 AM
This auction features a residential plot located in Chilakaluripet, Guntur district, Andhra Pradesh. Situated in a region with growing infrastructure, this plot offers potential for residential development or investment. The property is being auctioned by City Union Bank under SARFAESI regulations. It presents a chance to own a piece of land in a key locality within Guntur, known for its commercial and residential activity. Further details regarding the plot's specific dimensions, boundaries, and amenities will be available through the bank's official auction documentation.
State:Andhra Pradesh
City:Guntur
Area:Chilakaluripet
Asset Category:Residential
City Union Bank invites bids for a SARFAESI auction of a residential plot in Chilakaluripet, Guntur, Andhra Pradesh. The auction will be held on September 1, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹16,00,000, with an Earnest Money Deposit (EMD) of ₹1,60,000 required. This is an excellent opportunity to acquire a property in a developing area. Interested parties should review all auction terms and conditions provided by City Union Bank. The property is associated with M/s. Krishna Cotton Industries.
Borrower Name:M/s. Krishna Cotton Industries
Auction Type:SARFAESI Auction
Contact Number: 0435-2432322