Land for auction C1 Mancherial Villa, Mancherial, Mancherial by Indian Bank

Property for Auction in Mancherial, Mancherial, Telangana

Property Type IconProperty Type:
Land
Location IconLocation:
Mancherial, Mancherial
Auction Date IconAuction Date:
26-03-2025 12:00 PM

Auction Details

Auction ID:470537

Bank Name:Indian Bank

Branch Name:Stressed Assets Management Branch

Reserve Price:3,85,00,00,000

EMD:38,50,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:25-03-2025 05:00 PM

Bid Start Date:26-03-2025 12:00 PM

Property Description

The auction includes multiple land parcels across various villages and mandals within the Mancherial District of Telangana. Key locations include Mancherial Village & Mandal, Garmilla Village, Pochampad Village, Kothapalli Village, Vempalli Village, Mulkalla Village, Ryalli Village, Gadpur Village, Nagaram Village, Thimmapur Village (Mandamari Mandal), Pittuguda Village (Jannaram Mandal). The properties are detailed across 26 schedules, specifying acreage, survey numbers, and boundaries. Schedule No. 20 also mentions a shed and buildings (C1 and F-6 Canteen Building) with a total area of 11,109 Sq. yds (Ac. 2-11.809 Gts) in Sy.No. 304/1, Mancherial Village. The asset category is listed as Residential, though the detailed descriptions suggest predominantly land parcels which may have potential for various developments.

State:Telangana

City:Mancherial

Area:Mancherial

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Indian Bank for land properties located in Mancherial, Telangana. The auction is for M/s. Mancherial Cement Co. Pvt Ltd. The reserve price is 385,00,00,000.00 and the EMD is 38,50,00,000.00. The auction will take place on 26-03-2025 from 12:00 PM to 05:00 PM. Applications for participation must be submitted by 25-03-2025 05:00 PM. The properties are described across 26 schedules, detailing various land parcels with acreage and survey numbers across Mancherial Village & Mandal, Garmilla Village, Pochampad Village, Kothapalli Village, Vempalli Village, Mulkalla Village, Ryalli Village, Gadpur Village, Nagaram Village, Thimmapur Village, Mandamari Mandal, and Pittuguda Village, Jannaram Mandal. Contact persons for inquiries are Mr. Nag Mani at 9499675486 and Mr. Nishant Shukla at 9454488755.

Borrower Name:M/s. Mancherial Cement Co. Pvt Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact No : Mr. Nag Mani 9499675486, Mr. Nishant Shukla 9454488755

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