Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:609837
Bank Name:Canara Bank
Branch Name:Guntur Main Branch
Reserve Price:₹1,80,00,000
EMD:₹18,00,000
Auction Time:12:00 PM to 01:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This auction features a prime plot of land located in the desirable Tirumala Garden area of Guntur, Andhra Pradesh. As an asset category residential property, this land offers a fantastic opportunity for development or investment in a growing city. Situated in a well-regarded locality, the plot provides excellent potential for building a home or undertaking a real estate project.
State:Andhra Pradesh
City:Guntur
Area:Tirumala Garden
Asset Category:Residential
Full Address:Door Number 15-17-250, D No 579, Tirumala Gardens, Near NH-16, Ward No.15, Block No.17, Guntur Corporation, Tirumala Garden, Guntur
Size:605 Sq yards
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Tirumala Garden, Guntur. The auction will take place on 20-11-2025, with bidding open from 12:00 PM to 01:00 PM. The reserve price for this residential land is ₹1,80,00,000, and the Earnest Money Deposit (EMD) required is ₹18,00,000. This is a significant opportunity to acquire property in a sought-after location in Andhra Pradesh.
Borrower Name:M/s JLDM TEXTILES INDUSTRIES PVT LTD
Auction Type:SARFAESI Auction
Guarantor Names:Sri Jampani Krishna Babu, Smt Jampani Jaya Lakshmi
Legal Details
Possession Status:Physical
Encumbrance Details:No Encumbrances to the Knowledge of the Bank
Why This Property
The land's prime location in Tirumala Garden, Guntur, and its potential for development make it a strong investment. The reserve price is competitive, and the clear legal status enhances its appeal. Given the property's size and location, it represents a solid opportunity for buyers seeking to invest in the Guntur real estate market.
Contact Details
Branch:Branch Office : Guntur Main Branch
Service Provider:BAANKNET
Contact Details:
Chief Manager
Contact no:8331015700
