Property for Auction in Gorantla, Guntur, Andhra Pradesh
Auction ID:506519
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹1,39,59,125
EMD:₹13,95,913
Service Provider:BAANKNET
Submission Date:29-05-2025 05:00 PM
Bid Start Date:30-05-2025 12:00 PM
The property is an industrial land and building encompassing 1263 square yards. It is located at Plot No. 1, D No. 381 of Gorantla, Side D No. 131-1-466, near XXX Soap Company Employees Quarters, Gorantla, Guntur, Andhra Pradesh. The property boundaries are as follows: East - Property of Ravela Mattaiah; West - Property of Tadi Peda Adaiah & Others; North - Plot No. 2, Plot No. 12 & 20 Ft Wide Road; South - Property of U Venkata Subba Rao. The Google Coordinates for the property are 16.343410, 80.448500.
State:Andhra Pradesh
City:Guntur
Area:Gorantla
Asset Category:Residential
This is a SARFAESI auction conducted by Union Bank of India for industrial land and a building located in Gorantla, Guntur, Andhra Pradesh. The property, measuring 1263 sq. yds., is situated at Plot No. 1, D No. 381 of Gorantla, Side D No. 131-1-466, near XXX Soap Company Employees Quarters. The land is registered under the name of Sri Savaram Venkata Satyanarayana Prasad S/o Masthan Rao. The auction's reserve price is 13,959,125.00 INR, with an EMD of 1,395,913.00 INR. The auction will take place on May 30, 2025, from 12:00 PM to 5:00 PM. Applications for participation must be submitted by May 29, 2025, 5:00 PM. For further details, please contact the Bank Manager.
Borrower Name:M/s Sri Varalakshmi Cotton
Auction Type:SARFAESI Auction
Contact to Bank Manager