Land for auction 1 South: Municipal Road 29'-0 Potti Sriramulu Guntur by BOI

Property for Auction in Potti Sriramulu Nagar, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Potti Sriramulu Nagar, Guntur
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:467680

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH VIJAYAWADA

Reserve Price:79,45,000

EMD:7,94,500

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 12:00 PM

Property Description

The property is a Land and Building located at D. No. 4-16-349, 4-16/347/1 Ward No. 1 & 2, Potti Sriramulu Nagar, Guntur Municipal Corporation, Guntur. The total plot area is 105-1/9 Sq. Yards. Of this, 41-1/9 Sq. Yards have been surrendered for road widening, leaving 64 Sq. Yards of property. The property is bounded by Municipal Roads on the East (32'-0" width), South (29'-0" width), and West (Joint Nadava Road, 32-0" width). The North boundary is property belonging to Edula Moodisot Broken (29-6" width). The co-ordinates are 16.309305, 80.438074.

State:Andhra Pradesh

City:Guntur

Area:Potti Sriramulu Nagar

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Land and Building property located in Potti Sriramulu Nagar, Guntur, Andhra Pradesh, conducted by Union Bank of India. The property, belonging to M/s. Sri Sai Baba Cotton Company, is situated at D. No. 4-16-349, 4-16/347/1 Ward No. 1 & 2, Potti Sriramulu Nagar, Guntur Municipal Corporation. The total plot area is 105-1/9 Sq. Yards, with 41-1/9 Sq. Yards allocated for road widening, leaving 64 Sq. Yards of usable area. The property is bounded by Municipal Roads on the East, South, and West, and by property belonging to Edula Moodisot Broken on the North. The auction has a reserve price of 7945000.00 and an EMD of 794500.00. The auction will be held on March 27, 2025, from 12:00 PM to 5:00 PM. The application submission deadline is March 26, 2025, by 5:00 PM. For inquiries, contact arb.vijayawada@unionbankofindia.bank.

Borrower Name:M/s. Sri Sai Baba Cotton Company

Auction Type:SARFAESI Auction

Contact Details

Contact No : arb.vijayawada@unionbankofindia.bank

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