Land for auction 2 of padakandla villa, Allagadda, Nandyal by Canara

The property consists of commercial and industrial land. Specifically, it includes land in Sy.No 540/1 of Padakandla village, an extent of 1.60 acres (1.275 Hectares) with industrial sheds and constructions covering 39,985 Sq. feet on the ground floor, along with office and store constructions on the first and second floors, belonging to M/s RK ELECTRICAL INDUSTRIES. Boundaries for this parcel are: West: Land of Applicant, S Ramakrishnudu; East: Land of Mobbu Nageshudu; North: Land of Veerabhadra Swamy Temple; South: Ahobilam By-pass Road. Additionally, land in Sy.No 540/3 of Padakandla village, an extent of 0.21 Cents (0.085 Hectares) with staff quarters, and another parcel of 0.10 Cents (0.040 Hectares) also with staff quarters, are included. Boundaries for the Sy.No 540/3 parcels are: East: Land of Battula Narasimhudu, West: Land of vendor applicant, North: Ahobilam By-pass Road, South: Land of Applicant.

This is a SARFAESI auction conducted by Canara Bank for land located in Allagadda, Nandyal District, Andhra Pradesh. The property includes industrial sheds and constructions, with a total land extent of approximately 1.60 acres in Sy.No 540/1 and additional land of 0.21 Cents and 0.10 Cents in Sy.No 540/3. The reserve price is ₹73,23,000.00 and the EMD is ₹7,32,300.00. The auction is for the property of M/s RK ELECTRICAL INDUSTRIES.