253.33 sq yard Residential Plot for Auction in Guntur – Union Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Physical Possession

Area

253.33 sq yard (≈ 2,279 sq ft)

Reserve price / sq ft

₹3,188

Locality

—

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

Union Bank of India

Branch

UMFB ARUNDELPET-921378

Auction type

SARFAESI Auction

Borrower

M/s. V***** c***** r***** by i** P***** Mr. P***** V***** S***** K**** & Mrs. P***** K***** K*****

Auction start

13 Oct 2026, 12:00 PM

Auction end

13 Oct 2026, 05:00 PM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

Sai Sahitya Priya

Officer contact

8185039751

E-auction portal

BAANKNET (Property ID UBINVJWGNT1883)

Price Check

This listing's reserve price works out to ₹3,188 per sq ft. The average across residential bank auctions in Guntur on our site is ₹7,818 per sq ft, so this one is 59% 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 UBINVJWGNT1883)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 13 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 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.