Land for auction 07 Narasaraopet R, Narasaraopet, Guntur by Indian Bank

The property consists of two land parcels located in Narasaraopet, Guntur, Andhra Pradesh. Item No. 1 is part of land situated at Narasaraopet R.D., Narasaropet Sub-Dist, within Narasaraopet Municipal Old Ward No. 3, New ward No. 18, Old Survey D.No. 226 (Acre 3-15 cents) and in D. No. 228/A, T.S No. 1577, 1578 (Acre 0-15 1/2 cents or 750-2 Sq Yds or 627-17 sq mts) of vacant site bearing Assessment No. 1075. It is bounded by East: 2nd item Limit, South: Land belongs to Polamreddy Bakireddy Limit, West: Land belongs to Godavarthi Appa Rao etc. limit, North: Chilakailuripet General Road. Item No. 2 is part of land situated at Narasaraopet R.D., Narasaropet Sub-Dist, within Narasaraopet Municipality D No 264/A (Acre 4-0 cents), out of which Acre 0-27 cents or 1306-8 sq. yards or 1092-61 sq. meters. It is bounded by East: 14 ft wall Bazaar Boundry, South: Land belongs to Polamreddy Bakireddy Limit, West: 1" Item Limit, North: Chilakaluripet General Road. The borrower is M/s Ajanta Spintex (India) Private Limited.

This is a SARFAESI Auction for land properties in Narasaraopet, Guntur, Andhra Pradesh, by Indian Bank. The auction includes two land parcels: Item No. 1 is 750.2 Sq Yds (627.17 sq mts) in Old Survey D.No. 226 and D. No. 228/A, T.S No. 1577, 1578. Item No. 2 is 1306.8 sq. yards (1092.61 sq. meters) in D No 264/A. Both properties are located in Narasaraopet Municipality and are in the name of Ippala Dana Reddy and Ippala pitchamma. The reserve price is 49985100.00 and the EMD is 4998510.00. The auction is conducted by BAANKNET and will be held on March 26, 2025, from 10:00 AM to 5:00 PM. The application submission deadline is March 25, 2025, 5:00 PM. Contact Person: Dileep kumar (Authorised Officer) at 9455007009 or B. Santosh kumar (Branch Manager) at 9666433321.