Land for auction 122A Vengalapuram Villa, Adoni, Kurnool by Indian Bank

The property consists of two land parcels with buildings. The first parcel, located at Madhavaram Road, Vengalapuram Village, Adoni Municipality, Kurnool District, measures 2081.2 Sq. Yards and 9960 Sq. Ft. (DocNo. 4948/2011). It is bounded by Madhavaram Road to the north, Adoni Vanaspati Factory to the south, a road to the east, and remaining part of the land to the west. The second parcel, also in Vengalapuram Village, Adoni Municipality, Kurnool District, measures 75 cents or 0.30 hectares or 3587.97 Sq. Yards (Doc. NO. 4949/2011). Its boundaries are Land of Others to the north, Land of T.G. Pandu Rangaiah to the south, remaining part of the land to the east, and Land of Krishna Murthy to the west. The total area is approximately 5711.20 Sq. Yards inclusive of buildings.

This auction features a property in Adoni, Kurnool, Andhra Pradesh, formerly owned by M/s Poshak Oils and Fats. The property, categorized as Residential, is a Land And Building with a total area of approximately 5711.20 Sq. Yards. It includes buildings constructed on the land. The property is located in Vengalapuram Village, Adoni Municipality. The auction is a SARFAESI Auction conducted by Indian Bank, with a reserve price of INR 21,330,000.00 and an Earnest Money Deposit (EMD) of INR 2,133,000.00. The auction will take place on February 14, 2025, from 12:00 PM to 5:00 PM. Application submission deadline is February 13, 2025, by 5:00 PM. Contact persons are Nag Mani (Authorised Officer) at 9499675486 and A Srinivas Rao at 8985649821. The service provider for this auction is BAANKNET.