Property for Auction in Etukuru, Guntur, Andhra Pradesh
Auction ID:537421
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:Auctionbazaar
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
Vacant residential site property measuring 599.50 (318+281)Sq. yds situated at D. No. 106/6 of Etukuru Village, Near Church, New Guntur Municipal Corporation, Guntur, Andhra Pradesh. The property is standing in the name of Mr. Siva Nageswara Rao. Bounded by: a) Extent of 318.00 sq yards (Site Doc. No. 4584/2013). East: Property of N Venkata Rao and D Sivannarayana, South: Own property, West: Property of N Sankara Rao and N Siva Nageswara Rao and North: Vagu. b) Extent of 281.00 sq yards (Site Doc No. 317/2008) East: Property of D Sivannarayana Y Ramulu and I Pedanna, South: Panchayat Road, West Others Property, Agni West: Property of N Sankara Rao and N Rama Koteswara rao and Agni North: Property of N Markandeyulu. Latitude and Longitude: 16.26088211 & 80.4282772.
State:Andhra Pradesh
City:Guntur
Area:Etukuru
Asset Category:Residential
Karnataka Bank is conducting a SARFAESI auction for a vacant residential land parcel in Etukuru, Guntur, Andhra Pradesh. The property, measuring a total of 599.50 sq. yds (comprising two sites: 318 sq. yds and 281 sq. yds), is located at D. No. 106/6, near Church, New Guntur Municipal Corporation. The reserve price is INR 40,00,000.00, with an Earnest Money Deposit (EMD) of INR 4,00,000.00. The auction will be conducted online by Auctionbazaar. The property is standing in the name of Mr. Siva Nageswara Rao and is part of an auction against the borrower M/s Raghavendra Cotton Traders Partnership. Key boundaries for the two plots are provided, along with latitude and longitude coordinates. The auction is scheduled for July 30, 2025, from 11:00 AM to 11:20 AM. Application submission deadline is July 29, 2025, by 5:00 PM. For inquiries, contact 99852 02444.
Borrower Name:M/s Raghavendra Cotton Traders Partnership
Auction Type:SARFAESI Auction
Ph No : 99852 02444