Land for auction 2 Ananthavarapadu Road, Etukuru, Guntur by Karnataka Bank

A land parcel of Ac. 0.49 Cents located at D. No's. 266 & 269, Etukuru, Guntur, Andhra Pradesh, near the Ginning Mill on Ananthavarapadu Road. The property is bounded by land belonging to Jidugu Harinadh Babu to the North, land sold by Pasupuleti Panduranga Rao to Imadabathuni Krishnamurthy to the South, land of Pasuplulati Nageswara Rao to the East, and a road to the West. This is a residential land asset.

This is an auction for a piece of land located at Etukuru, Guntur, Andhra Pradesh. The land measures Ac. 0.49 Cents and is identified by D. No's. 266 & 269. It is situated near the Ginning Mill on Ananthavarapadu Road. The property stands in the name of Mr. Kiran Kumar Nallaka. The boundaries are as follows: North: Land of Jidugu Harinadh Babu, South: Land sold by Pasupuleti Panduranga Rao to Imadabathuni Krishnamurthy, East: Land of Pasuplulati Nageswara Rao, and West: Road. The auction is being conducted by Karnataka Bank through its Asset Recovery Management Branch, with Auctionbazaar as the service provider. The auction is a SARFAESI Auction with a reserve price of 11,000,000.00 and an EMD of 1,100,000.00. The auction is scheduled for July 30, 2025, from 11:00 AM to 11:20 AM. The application submission deadline is July 29, 2025, by 05:00 PM. The borrower is M/s Raghavendra Cotton Traders Partnership.