Industrial Land Auction Prakasam by Karnataka Bank

Property for Auction in Chimakurthy, Prakasam, Andhra Pradesh

Property Type IconProperty Type:
Industrial Land
Location IconLocation:
Chimakurthy, Prakasam
Auction Date IconAuction Date:
30-07-2025 11:00 AM

Auction Details

Auction ID:537414

Bank Name:Karnataka Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:91,00,000

EMD:9,10,000

Service Provider:Auctionbazaar

Important Dates

Submission Date:29-07-2025 05:00 PM

Bid Start Date:30-07-2025 11:00 AM

Property Description

The property is an industrial land admeasuring Acre 0-46 Cents, bearing Sy. No.238/1B1B3, situated at NRI Anand Layout, Kurnool Road, Budawada Village & Gram Panchayath, Chimakurthy Mandal, Prakasam District, Andhra Pradesh. It includes a Granite Factory. The property is bounded by land belonging to Kamireddy Lakshmi Devi to the East, a 40ft Wide Road to the West and North, and land belonging to Annapureddy Anuradha to the South.

State:Andhra Pradesh

City:Prakasam

Area:Chimakurthy

Asset Category:Industrials

Auction Description

This is a SARFAESI Auction for Industrial Land located in Chimakurthy, Prakasam District, Andhra Pradesh. The property, measuring 0-46 Cents (Sy. No.238/1B1B3), includes a Granite Factory and belongs to Mrs. Sobha Tammineni. The auction is conducted by Karnataka Bank via Auctionbazaar, with a reserve price of 91,00,000.00 and EMD of 9,10,000.00. The auction starts on 30-07-2025 at 11:00 AM and ends at 11:20 AM.

Borrower Name:M/s. S. V. N. Graanites

Auction Type:SARFAESI Auction

Contact Details

Phone: 08558-222436(G), 08558-224662(Β.Μ), 9490180175 (BM), 9490188435 (ABM),

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