Land for auction 50 Jal Sankar Nagar, Chirala, Prakasam by Indian Overseas Bank

Residential land measuring 247.7/9 Sq yards at Dno. 1-50-55 in Sy No.181/2 of Chirala, Prakasham District, Andhra Pradesh. Located beside Geo Tag Door No.299, Jal Sankar Nagar, Main Road-Prakash Nagar, Fire Office gate Road, Near Avathudha Swamy Temple, Opposite to Sambasiva Rao & Padmavathi Nilayam. Bounded by property of Chakrala Ravi Kumar to the East, property of Yenumala Syamala Raju to the West, property of Aasadi Rama Krishna reddy to the North, and Municipal Road to the South.

This is a SARFAESI Auction for a residential land property in Chirala, Prakasam District, Andhra Pradesh, by Indian Overseas Bank. The property is located at Dno. 1-50-55 in Sy No.181/2, beside Geo Tag Door No.299, Jal Sankar Nagar, Main Road-Prakash Nagar, Fire Office gate Road, Near Avathudha Swamy Temple, Opposite to Sambasiva Rao & Padmavathi Nilayam. The land measures 247.7/9 Sq yards and is bounded by properties of Chakrala Ravi Kumar (East), Yenumala Syamala Raju (West), Aasadi Rama Krishna reddy (North), and Municipal Road (South). The borrower is M/s.Sravani Cotton Traders. The auction will be conducted by Indian Overseas Bank, Guntur Branch, through service provider BAANKNET. The reserve price is ₹3,296,000.00 and the EMD is ₹330,000.00. The auction starts on March 20, 2025, at 11:00 AM and ends at 01:00 PM on the same day. The application submission deadline is March 19, 2025, at 04:00 PM. For inquiries, contact 0863-2223997.