Land for auction 132 rice Mill, Alamuru, East Godavari by Indian Bank

The property consists of a rice mill, godown, office, machinery, equipment, and furniture situated on a total land extent of Ac 3.30 cents in Vedurumudi village, East Godavari District, Andhra Pradesh. The property is identified by D.No. 3-24 and 3-45 (New D. Nos. 3-33 with Asst. No. 176, 3-33/1 Asst. No. 177 and 3-63 with asst.no 207). The land is divided into two items: Item 1 with an extent of Ac 0.90 cents (4356 Sq. Yds) and Item 2 with an extent of Ac 2.40 cents (11616 Sq. Yds) under RS No. 132/28, 126/2, 126/6, 132/1 and 132/3. The boundaries include lands of Nagabathula Yesu, Valurf Naga Malikarjuna Subba Rao, Kapileswarapuram Road, and a godown/saw mill belonging to Torati Varalakshmi.

This is a SARFAESI Auction for a Land and Building property located in Vedurumudi village, Alamuru S RO, Kapileswarapuram Mandal, East Godavari District, Andhra Pradesh. The property, previously owned by M/s Sri Ramalakshmi Satyanarayana Rice Mill, includes a rice mill, godown, office, machinery, equipment, and other fixtures spread across an extent of Ac 3.30 cents. Specifically, the first item covers Ac 0.90 cents (4356 Sq. Yds), and the second item covers Ac 2.40 cents (11616 Sq. Yds) in RS No. 132/28, 126/2, 126/6, 132/1 and 132/3. The property is bounded by lands of Nagabathula Yesu and Valurf Naga Malikarjuna Subba Rao, Kapileswarapuram Road, and a godown/saw mill belonging to Torati Varalakshmi. The auction is conducted by Indian Bank, with a reserve price of 47,500,000.00 and an EMD of 4,750,000.00. The auction will take place on March 13, 2025, from 10:00 AM to 04:00 PM.