Guntur Flat Auction: Flat (1,000 sq ft) – Reserve ₹26.59 Lakh (5 Oct 2026)

The Guntur flat auction listed by Bank of Baroda on the BAANKNET e-auction portal is one of the upcoming flat opportunities in Andhra Pradesh. On offer is a flat in Guntur (PIN 522004), with 1,000 sq ft carpet area. The online auction runs on 5 October 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹26,59,000.

The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Guntur Flat Auction: Key Highlights

• Reserve price: ₹26,59,000 (₹26.59 Lakh)
• EMD: ₹2,65,900
• Bid increment: ₹25,000
• Auction: 5 October 2026, 2:00 PM to 6:00 PM
• Last date for EMD: 5 October 2026, 6:00 PM
• Location: Guntur, Andhra Pradesh
• Possession: Symbolic

Guntur Flat Auction – Complete Details

Auction ID	365112
Bank property ID	BARB0PAVAN
Bank	Bank of Baroda
Branch	Gollapudi
Property type	Residential – Flat
Carpet area	1,000 sq ft
City / District	Guntur
State	Andhra Pradesh
PIN code	522004
Type of possession	Symbolic
Type of action	Under SARFAESI
Reserve price	₹26,59,000
EMD	₹2,65,900
Bid increment	₹25,000
Auto-extension	10 minutes per late bid

About the Location – Guntur

The property is located in Guntur, Andhra Pradesh (PIN 522004). Andhra Pradesh’s property market is led by Visakhapatnam, Vijayawada, Guntur and Tirupati, with port-led and highway-led growth across the coastal districts. The handling branch is Gollapudi, which is usually the best contact for site visits and local queries.

Is the Guntur Flat Auction Worth It?

At the reserve price, the property works out to about ₹2,659 per sq ft of carpet area – compare this with recent resale rates in Guntur before you bid. The EMD of ₹2,65,900 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. Note that the bank holds only symbolic possession, so taking physical possession may need extra time and legal steps.

Important Dates for the Guntur Flat Auction

• Inspection window: 25 September 2026, 12:08 PM to 25 September 2026, 2:08 PM
• EMD submission opens: 25 September 2026
• Last date for EMD: 5 October 2026, 6:00 PM
• E-auction: 5 October 2026, 2:00 PM to 6:00 PM
• Auto-extension: 10 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 365112 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 9985493349.
4. Pay the EMD of ₹2,65,900 through the BAANKNET wallet before 5 October 2026, 6:00 PM.
5. Log in on 5 October 2026 and bid above the reserve in steps of ₹25,000; each late bid extends the auction by 10 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Verify the title documents and the society or builder NOC.
• Check pending maintenance, property tax and utility dues.
• Confirm the possession status and whether the flat is occupied.
• Check the approved plan and occupancy certificate for the building.
• Read our tips for buying bank auction flats before you bid.

Guntur Flat Auction: FAQs

More BoB and Andhra Pradesh Auctions

• All Bank of Baroda auction listings
• More flat auctions
• Bank auctions in Andhra Pradesh
• Guide: home loan for auction property

Source: Auction ID 365112 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda before bidding.