House for auction 7 Gollalamamidada Villa, Biccavole, East Godavari by SBI

Property for Auction in Biccavole, East Godavari, Andhra Pradesh

Property Type IconProperty Type:
House
Location IconLocation:
Biccavole, East Godavari
Auction Date IconAuction Date:
19-03-2025 11:00 AM

Auction Details

Auction ID:451416

Bank Name:State Bank of India

Branch Name:KAKINADA

Reserve Price:48,50,000

EMD:4,85,000

Service Provider:BAANKNET

Important Dates

Submission Date:18-03-2025 04:00 PM

Bid Start Date:19-03-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Authorised Officer Details: Name: Sri B.S.Prasad Mobile No.: 78938 62691 /Mobile No.: 89788 22777

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