Land for auction 5 Best Price Shopping Complex, mangalagiri, Guntur by Canara

Property for Auction in mangalagiri, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
mangalagiri, Guntur
Auction Date IconAuction Date:
25-05-2025 03:00 PM

Auction Details

Auction ID:501095

Bank Name:Canara Bank

Branch Name:Guntur Main Branch

Reserve Price:86,00,000

EMD:8,60,000

Service Provider:BAANKNET

Important Dates

Submission Date:25-05-2025 02:00 PM

Bid Start Date:25-05-2025 03:00 PM

Property Description

The property is a vacant site measuring 603 sq yards (504.16 sq mts) located in Mangalagiri, Guntur, Andhra Pradesh. It is situated near D. No. 15-15-123, behind Best Price Shopping Complex, on Mangalagiri Road, within the Guntur Municipal Corporation. The land is bounded to the east by a site belonging to Kandula Venkateswarlu (118 ft), to the south by property of Sadhu Somaiah (46 ft), to the west by a site of Cherukuri Narayanamma (118 ft), and to the north by a passage road and land left by Cherukuri Narayanamma (46 ft).

State:Andhra Pradesh

City:Guntur

Area:mangalagiri

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Canara Bank for a vacant site located near Best Price Shopping Complex on Mangalagiri Road, Guntur. The property, identified as D. No. 514/2B, measures 603 sq yards (504.16 sq mts) and is situated within the Guntur Municipal Corporation. The land is bounded by properties of Kandula Venkateswarlu, Sadhu Somaiah, and Cherukuri Narayanamma, with a passage road on the north. The reserve price is INR 8,600,000.00 and the EMD is INR 860,000.00. The auction will be held on May 25, 2025, from 3:00 PM to 4:00 PM. The property is in the name of Sri Jampani Krishna Babu as per sale deed 7525/2012.

Borrower Name:M/s JLDM TEXTILES INDUSTRIES PVT LTD

Auction Type:SARFAESI Auction

Contact Details

Contact Ph No. : 8331015700

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