Land for auction 1 Naguluppalapadu, Prakasam by Debts Recovery Tribunal

Property for Auction in Naguluppalapadu, Prakasam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Naguluppalapadu, Prakasam
Auction Date IconAuction Date:
27-03-2025 11:00 AM

Auction Details

Auction ID:445544

Bank Name:Debts Recovery Tribunal

Branch Name:Visakhapatnam

Reserve Price:3,90,00,000

EMD:39,00,000

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:25-03-2025 04:00 PM

Bid Start Date:27-03-2025 11:00 AM

Property Description

The property is a parcel of land situated in Naguluppalapadu, Prakasam district, within the state of Andhra Pradesh. It is being auctioned by the Debts Recovery Tribunal as part of a debt recovery process. The asset category is residential, indicating potential for housing development or use.

State:Andhra Pradesh

City:Prakasam

Area:Naguluppalapadu

Asset Category:Residential

Auction Description

This is a DRT Auction for land located in Naguluppalapadu, Prakasam, Andhra Pradesh. The auction is for Item No. 1&2, with a reserve price of 39,000,000.00 and an Earnest Money Deposit (EMD) of 3,900,000.00. The auction will be conducted by the Debts Recovery Tribunal, with the Visakhapatnam branch managing the process. The service provider is bankeauctions.com / C1 India. The borrower name is Sri Kota Rajayam & Others. The property is categorized as Residential Land. The auction starts on March 27, 2025, at 11:00 AM and ends on the same day at 12:00 PM. Applications for participation must be submitted by March 25, 2025, at 04:00 PM. For further information, contact Shri. P. Rama Krishna at 8333013716.

Borrower Name:Sri Kota Rajayam & Others

Auction Type:DRT Auction

Contact Details

Shri. P. Rama Krishna Contact No. 8333013716

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