Property for Auction in Biccavole, East Godavari, Andhra Pradesh
Auction ID:451416
Bank Name:State Bank of India
Branch Name:KAKINADA
Reserve Price:₹48,50,000
EMD:₹4,85,000
Service Provider:BAANKNET
Submission Date:18-03-2025 04:00 PM
Bid Start Date:19-03-2025 11:00 AM
The property consists of 167.31 Sq.yds of land, divided into two items: Item No.1 (50.44 Sq.yds) and Item No.2 (116.87 Sq.yds). These plots are situated in R.S.No.495/4, Old D. No.7-261 & 7-321, New D.No.7-322 & 7-321. The property has current D.No. 7-239, B.LR No. 19/2004-05, Dt.04/11/2004 for the front building and B.L.R.No. 15/2016-17, Dt. 30/06/2016 for the rear building. It is located in Block No.7, opposite the SBI Bank, within a RCC building. The property includes all easementary rights, water sources, and ways. The boundaries for Item No.1 are: East - Wall belongs to Gundarapu Sitha Kumari (46-00 ft), West - Site belongs to Medapati Subba Reddy (53-06 ft), North - Main Road (6-00 ft), South - Item No.2 (02-03 ft). The boundaries for Item No.2 are: East - Site of Mallulii Subrahmanyam (50-00 ft), West - Site of Medapati Subba Reddy (60-00 ft), North - Item No.1 (26-03 ft), South - Site of Karri China Reddy (12-00 ft). The borrower, M/s Adinarayana Readymades, has constructed a RCC building on this site.
State:Andhra Pradesh
City:East Godavari
Area:Biccavole
Asset Category:Residential
This is a SARFAESI Auction for a residential house located in Biccavole, East Godavari, Andhra Pradesh. The property is being auctioned by the State Bank of India. The auction will take place on March 19, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 48,50,000 and the Earnest Money Deposit (EMD) is INR 4,85,000. The property is described as a piece of land totaling 167.31 Sq.yds, divided into two plots (50.44 Sq.yds and 116.87 Sq.yds), with a RCC building constructed on it. It is situated in Gollalamamidada Village, within the Gollalamamidada Gram Panchayat, Pedapudi Mandal, and under the Biccavolu SRO, East Godavari District. The auction is managed by BAANKNET, with contact details provided for Sri B.S.Prasad at 78938 62691 / 89788 22777.
Borrower Name:M/s Adinarayana Readymades
Auction Type:SARFAESI Auction
Contact Authorised Officer Details: Name: Sri B.S.Prasad Mobile No.: 78938 62691 /Mobile No.: 89788 22777