Property for Auction in Purushothapatnam, Guntur, Andhra Pradesh
Auction ID:451741
Bank Name:Indian Bank
Branch Name:Guntur Branch
Reserve Price:₹1,43,35,200
EMD:₹14,33,520
Service Provider:BAANKNET
Submission Date:25-03-2025 05:00 PM
Bid Start Date:26-03-2025 10:00 AM
The property is a Land and Building located in Purushothapatnam, Guntur District, Andhra Pradesh. It comprises two scheduled items, both situated on a single piece of land with an RCC Roof Building. Item No. 1 includes a site measuring 262 Sq Yds, with a portion of 87-04 Sq Yds gifted and the remaining 174-96 Sq Yds featuring an RCC Roof Building. This item is situated at near Door No.9-473/2 and bounded by properties belonging to Subba reddy, B. Anji Reddy, Lanka Ad Narayana, and a Joint Bazar. Item No. 2 is a site measuring 174-09 Sq Yds (146-23 sq mtr) with an RCC Roof House at Door No.9-475, C.R. Colony 2nd line, Purushothampatnam. This item is bounded by properties of Sankati Subba reddy, Byka Nagi Reddy, L. Raghu Rami Reddy, and a Bazar. The building on the combined site has Ground, 1st & 2nd Floors.
State:Andhra Pradesh
City:Guntur
Area:Purushothapatnam
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for a Land and Building property in Purushothapatnam, Guntur, Andhra Pradesh. The property is identified by Auction ID 451741 and is associated with borrower M/s Kalpataruvu Spinning Milis Private Limited. The auction, managed by BAANKNET and held by Indian Bank, Guntur Branch, has a reserve price of ₹14,335,200 and an EMD of ₹1,433,520. The auction will take place on March 26, 2025, from 10:00 AM to 05:00 PM. The property consists of two items, both located in Purushothapatnam Village, with Item No. 1 measuring 262 Sq Yds (including 87-04 Sq Yds gifted to Lanka Adi Narayana and 174-96 Sq Yds balance site with RCC Roof Building) and Item No. 2 measuring 174-09 Sq Yds (146-23 sq mtr) of site with RCC Roof House. Both items are situated on a single land parcel with a Ground, 1st & 2nd Floor Building. For inquiries, contact Dileep Kumar at 9455007009 or B. Santosh Kumar at 9666433321.
Borrower Name:M/s Kalpataruvu Spinning Milis Private Limited
Auction Type:SARFAESI Auction
Contact Person: 1. Dileep kumar (Authorised Officer) MB: 9455007009 2. B. Santosh kumar (Branch Manager) MB: 9666433321