Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611221
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹36,00,000
EMD:₹3,60,000
Auction Time:01.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:24-11-2025 12:00 PM
Bid Start Date:2025-11-24
Property Description
City Union Bank is auctioning a residential plot in Guntakal, Anantapur, Andhra Pradesh. This is a prime opportunity to acquire a plot in a developing area. Ideal for residential construction, this property offers significant potential for future growth and investment.
State:Andhra Pradesh
City:Anantapur
Area:Guntakal
Asset Category:Residential
Full Address:D.No. 17/532, Guntakal Municipal Premises, Thimmanacherla Village, Guntakal
Size:165 Square Yards
Auction Description
This SARFAESI auction, conducted by City Union Bank, features a residential plot in Guntakal, Anantapur. The auction will take place on November 24, 2025, starting at 1:00 PM and concluding at 2:00 PM. The reserve price is ₹36,00,000, with an Earnest Money Deposit (EMD) of ₹3,60,000 required. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s. Sree Tejaswini Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:K. Kiran Kumar Naidu, K.Vijayalakshmi, K. Lakshmi Devi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot in Guntakal, a developing area, offered at a reasonable reserve price. While the location is not prime, the potential for appreciation exists. Careful evaluation of the property and market conditions is advised before investing.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:08552-220888
