Land for auction 9 South: Byka Nagi Reddy, Purushothapatnam, Guntur by Indian Bank

The property consists of two parcels of land with buildings. Item No-1 is 87.91 Sq Yds of site with a house, located at Door No.9-475 C.R. Colony 2nd line, Purushothapatnam. Item No-2 is 261.14 Sq Yds of site with an RCC Roof House, at the same location. Both properties are in the name of Mr. Sankati Subba Reddy. The combined properties feature a Ground, 1st & 2nd Floor Building. The boundaries for Item No-1 are East: Executant remaining site (71-94 ft), South: Byka Nagi Reddy etc.'s site (49-1/2 ft), West: Claimant site (71-94 ft), North: Bazar (21-78ft). The boundaries for Item No-2 are East: joint wall with Pinniti Srinadha Rao's property (71-94 ft), South: Byka Nagi Reddy etc.'s site (32-67 ft), West: Claimant site (71-94 ft), North: Bazar (32-67 ft).

Indian Bank is conducting a SARFAESI auction for a Land and Building property in Purushothapatnam, Guntur, Andhra Pradesh. The auction includes two items: Item No-1 with 87.91 Sq Yds of site with House, and Item No-2 with 261.14 Sq Yds of site with RCC Roof House. Both properties are in the name of Mr. Sankati Subba Reddy and are bounded by specific limits. The properties include a Ground, 1st & 2nd Floor Building. The reserve price is 14,358,600.00 and the EMD is 1,435,860.00. The auction is managed by BAANKNET and will take place on March 26, 2025, from 10:00 AM to 5:00 PM. The property is located in CR Colony, Purushothampatnam, Guntur District (now Palnadu District).