Land for auction 2 Reddy S/o Ankireddy Chaitanyapuri Guntur by BOI

Property for Auction in Chaitanyapuri (G), Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Chaitanyapuri (G), Guntur
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:467593

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH VIJAYAWADA

Reserve Price:87,38,170

EMD:8,73,817

Service Provider:BAANKNET

Important Dates

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

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

Property Description

Residential land situated at D.No. 189/A of Koretipadu Door no. 4-2-68, 2nd Lane Chaitanyapuri, Guntur City, admeasuring an area of 187.00 sq yards. The property is bounded by: East: Site of Kaza Venkata Subrahmanyam, West: 30' wide Road, North: Site of Amrutayya, South: site of Kurri Subba Reddy.

State:Andhra Pradesh

City:Guntur

Area:Chaitanyapuri (G)

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a residential land located in Chaitanyapuri (G), Guntur, Andhra Pradesh. The property, identified by Door no. 4-2-68, 2nd Lane Chaitanyapuri, Guntur City, spans 187.00 sq yards. It is bounded by Kaza Venkata Subrahmanyam's site to the east, a 30' wide road to the west, Amrutayya's site to the north, and Kurri Subba Reddy's site to the south. The land is registered under Sri. Madan Venkatappa Reddy S/o Ankireddy and is associated with the borrower M/s Leela Amrutha Cottons. The auction will be held on March 27, 2025, from 12:00 PM to 5:00 PM, with a reserve price of INR 8,738,170.00 and an Earnest Money Deposit (EMD) of INR 873,817.00. The auction is managed by BAANKNET, with contact available via arb.vijayawada@unionbankofindia.bank.

Borrower Name:M/s Leela Amrutha Cottons

Auction Type:SARFAESI Auction

Contact Details

Contact No : arb.vijayawada@unionbankofindia.bank

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