2,420.2 sq yd Land for Auction in Panchayat Area, Guntur – IARC

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

2,420.2 sq yd (≈ 21,781 sq ft)

Reserve price / sq ft

₹167

Locality

Panchayat Area

City

Guntur

State

Andhra Pradesh

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

International Asset Reconstruction Company

Branch

ISARC 2025-2026-3 Trust

Auction type

SARFAESI Auction

Borrower

JETTI P***** R***

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 01:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

13 Nov 2026, 11:00 AM – 13 Nov 2026, 05:00 PM

Authorised officer

—

Officer contact

—

E-auction portal

C1 India

Price Check

This listing's reserve price works out to ₹167 per sq ft. The average across land & agricultural bank auctions in Guntur on our site is ₹8,160 per sq ft, so this one is 98% 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 13 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,64,500 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹30,000.
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.