Factory land and Building for auction Rajupalem Narasaraopet 4 Cr Bank of Baroda

Property for Auction in Narasaraopet, Guntur, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Constructive
Size
3.55 acres
Reserve Price
4,01,41,000
Reserve Price
4,01,41,000
EMD Required
40,14,100
Property Specifications
Size3.55 acres
Possession StatusConstructive
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Factory land and Building
Location IconLocation:
Narasaraopet, Guntur
Auction Date IconAuction Date:
05-12-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:611961

Bank Name:Bank of Baroda

Branch Name:SATTENAPALLI BRANCH

Reserve Price:4,01,41,000

EMD:40,14,100

Bid Increment:1,00,000

Auction Time:02:00 PM to 06:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:04-12-2025 05:00 PM

Bid Start Date:2025-12-05

Property Description

This is a bank auction for an industrial property located in Narasaraopet, Guntur, Andhra Pradesh. The property consists of factory land and a building, previously owned by M/s Pravha Chilli Private Limited. This asset is being auctioned under the SARFAESI Act by Bank of Baroda. The property is situated in a key industrial area, offering potential for various manufacturing or warehousing activities. Its location in Narasaraopet, Guntur, provides good connectivity and access to local resources. This is a significant opportunity for investors looking to acquire a substantial industrial asset.

State:Andhra Pradesh

City:Guntur

Area:Narasaraopet

Asset Category:Industrials

Full Address:Rajupalem, D No:54/B-Ac.2.50 Cents, D No: 55/1-Ac. 3.08 Cents, Rajupalem, Narasaraopet

Size:3.55 acres

Auction Description

Bank of Baroda is conducting a SARFAESI auction for a factory land and building in Narasaraopet, Guntur, Andhra Pradesh. The auction will take place on December 5, 2025, starting at 02:00 PM and ending at 06:00 PM. The reserve price for this industrial asset is INR 4,01,41,000, with an Earnest Money Deposit (EMD) of INR 40,14,100 required to participate. This auction presents a prime opportunity to acquire a valuable industrial property. Interested bidders are advised to review all auction terms and conditions provided by the bank.

Borrower Name:M/s Pravha Chilli Private Limited

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Chinthapalli Pradeep Chakravarthy, Mr. Vipin Dhoundiyal, Mrs. Chinthapalli Jayashree, Mr. Chinthapalli Praveen Chakravarthy, Mrs. Chinthapalli Pranuthi, Mrs. Thella Nalini

Legal Details

Possession Status:Constructive

Encumbrance Details:Not Known to Bank

Why This Property

The property's industrial classification and location near a highway suggest potential, but the constructive possession status adds risk. The reserve price requires careful market assessment. Recommendation: Calculated Opportunity.

Contact Details

Branch:Branch Office : SATTENAPALLI BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no:08641-233599

Discover Similar Auctions

Videos