16,891.6 sq yard Commercial Building for Auction in Nallapadu, Guntur, Guntur – BOB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

16,891.6 sq yard (≈ 1,52,024 sq ft)

Reserve price / sq ft

₹506

Locality

Nallapadu, Guntur

City

Guntur

State

Andhra Pradesh

Pincode

522005

Address

Nallapadu, Guntur, Andhra Pradesh, 522005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

ZONAL SARB, HYDERABAD - 2736

Auction type

SARFAESI Auction

Borrower

M/s S** L***** T***** & M/s V***** E*****

Auction start

26 Nov 2026, 11:00 AM

Auction end

26 Nov 2026, 03:00 PM

EMD submission deadline

26 Nov 2026, 03:00 PM

Inspection

13 Nov 2026, 11:00 AM – 13 Nov 2026, 03:00 PM

Authorised officer

D SURENDER

Officer contact

8328548382

E-auction portal

BAANKNET (Property ID BARBSRILAKSHMITRADER)

Price Check

This listing's reserve price works out to ₹506 per sq ft. The average across commercial bank auctions in Guntur on our site is ₹9,387 per sq ft, so this one is 95% 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.

Previous Auctions of This Property

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 (BAANKNET (Property ID BARBSRILAKSHMITRADER)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 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.