Property Type:
Location:
Auction Date:Auction Details
Auction ID:537404
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹2,86,00,000
EMD:₹28,60,000
Service Provider:Auctionbazaar
Important Dates
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
Property Description
Industrial Land measuring Ac 1.35 Cents or 6534 Sq. Yards, bearing S. Nos. 120/2, 120/3B, together with Granite Factory known as "Sri Balaji Lakshmi Narasimha Granites Exports", situated at Yeluru Village, Podili Mandal, Markapuram R.D., Prakasam District, Andhra Pradesh. The property belongs to M/s. Sri Balaji Lakshmi Narasimha Granites Exports. Bounded by East: Road, West: Road, North: Veluri Chandra Kala Land and South: Ongole to Kurnool Road. Location Latitude & Longitude: 15.580190 & 79.768840.
State:Andhra Pradesh
City:Prakasam
Area:Markapuram
Asset Category:Industrials
Auction Description
Karnataka Bank is conducting a SARFAESI auction for an industrial property located in Markapuram, Prakasam District, Andhra Pradesh. The property includes an Industrial Land measuring Ac 1.35 Cents or 6534 Sq. Yards, bearing S. Nos. 120/2, 120/3B, and houses the "Sri Balaji Lakshmi Narasimha Granites Exports" factory. The reserve price is 28,600,000.00, with an Earnest Money Deposit (EMD) of 2,860,000.00. The auction will be held on July 30, 2025, from 11:00 AM to 11:20 AM. The property is situated at Yeluru Village, Podili Mandal, with boundaries East: Road, West: Road, North: Veluri Chandra Kala Land, and South: Ongole to Kurnool Road.
Borrower Name:M/s Sri Balaji Lakshmi Narasimha Granites
Auction Type:SARFAESI Auction
Contact Details
Phone: 08558-222436(G), 08558-224662(Β.Μ), 9490180175 (BM), 9490188435 (ABM),
