Land for auction Some Extent. Podalakur, Nellore by Cholamandalam Inv

Property for Auction in Podalakur, Nellore, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Podalakur, Nellore
Auction Date IconAuction Date:
26-08-2025 11:00 AM

Auction Details

Auction ID:543535

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:59,00,000

EMD:5,90,000

Service Provider:bankauctions.in

Important Dates

Submission Date:25-08-2025 05:30 PM

Bid Start Date:26-08-2025 11:00 AM

Property Description

The property is a Land And Building located in Podalakur, Nellore, Andhra Pradesh, with a total extent of 298.83 Sq. Yards. It features a 2000 sq.ft RCC Ground Floor and a 1000 sq.ft First Floor. The property is bounded by the house of Gandla Venkata Subbalah to the East, the house of Shaik Khader Basha to the West, the ACC House of Naguiakutia Prasad and Sharabu Chinna R Rangachari to the North, and a Panchayath Road to the South. Additionally, there is a second item described as a piece and parcel of property in Sri Potti Sriramulul Nellore District, Gudur Registration District, Podalakuru Office, Village No.186/1, 2, Street, Nellore to Sub Regaler Roe, Podalakury Mandal, Podalakuru Paschayat age Under Sy No. 186/1, Block No.2. This second property is bounded by N.Kondamma House to the East, Nellore to Somasila Road to the West, Compound Wall of Panchayathi Raj Office to the South, and Shop of Bellamkonda Rama Murthy to some extent and site of Lakkakula Ananda Rao to some extent to the North. Both properties have symbolic possession.

State:Andhra Pradesh

City:Nellore

Area:Podalakur

Asset Category:Residential

Auction Description

Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI Auction for a residential Land And Building in Podalakur, Nellore, Andhra Pradesh. The property belongs to Mr. Sharabu Rajasekhar. The auction has a reserve price of 5900000.0 and an EMD of 590000.0. The auction will take place on 26-08-2025 from 11:00 AM to 01:00 PM. The property consists of two items: 1) Land and building measuring 298.83 Sq. Yards with a RCC ground floor of 2000 sq.ft and a first floor of 1000 sq.ft, located at Sy No.5012 Pyki, D.No. 17/128-1, Ward No 16, Porumamilla, YSR district, Andhra pradesh, Pincode-516193. 2) A piece and parcel of property situated in Sri Potti Sriramulul Nellore District, Gudur Registration District, Podalakuru Office, Village No.186/1, 2, Street, Nellore to Sub Regaler Roe, Podalakury Mandal, Podalakuru Paschayat age Under Sy No. 186/1, Block No.2. Both properties have symbolic possession. Application submission deadline is 25-08-2025 05:30 PM. Contact M No : 9160005011/01/09 for more details.

Borrower Name:Sharabu Rajasekhar

Auction Type:SARFAESI Auction

Contact Details

M No : 9160005011/01/09

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