850 sq feet Flat for Auction in Guntur, Guntur – SBI

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

850 sq feet (≈ 850 sq ft)

Reserve price / sq ft

₹5,313

Locality

Guntur

City

Guntur

State

Andhra Pradesh

Pincode

522001

Address

Guntur, Andhra Pradesh, 522001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

RACPC TENALI-64178

Auction type

SARFAESI Auction

Borrower

Mrs. R***** S** M*****

Auction start

08 Dec 2026, 11:00 AM

Auction end

08 Dec 2026, 04:00 PM

EMD submission deadline

08 Dec 2026, 03:00 PM

Inspection

—

Authorised officer

Mr. DVD Prasada Rao

Officer contact

8978705577

E-auction portal

BAANKNET (Property ID SBIN44688814125)

Price Check

This listing's reserve price works out to ₹5,313 per sq ft. The average across residential bank auctions in Guntur on our site is ₹7,791 per sq ft, so this one is 32% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN44688814125)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 08 Dec 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 8 Dec 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.