Property for Auction in Ponduru, Srikakulam, Andhra Pradesh
Auction ID:530909
Bank Name:State Bank of India
Branch Name:SME Branch
Reserve Price:₹1,21,00,000
EMD:₹12,10,000
Service Provider:BAANKNET
Submission Date:29-07-2025 04:00 PM
Bid Start Date:29-07-2025 11:00 AM
The property is a vacant site measuring 2419.99 Sq.yds, located in "Navayuga Township" Phase-IV, Thotapalem Village, Ponduru, Srikakulam District, Andhra Pradesh. It consists of 12 individual plots: Plot Nos. 120, 121, 122 (each 605 Sq.yds), Plot Nos. 204, 205, 206 (each 605 Sq.yds), Plot No. 214 (201.66 Sq.yds), Plot Nos. 218, 219, 220 (each 605 Sq.yds), and Plot Nos. 222, 223 (each 403.33 Sq.yds). The property is bounded by various plot numbers and layout roads as detailed in the description. It is registered under Sale Document No. 2157/2008 and is in the name of Smt Nara Kanaka Mahalakshmi. The property is categorized as Residential.
State:Andhra Pradesh
City:Srikakulam
Area:Ponduru
Asset Category:Residential
This is a SARFAESI Auction conducted by the State Bank of India for a residential plot in Ponduru, Srikakulam, Andhra Pradesh. The property, registered under Sale Document No. 2157/2008 in the name of Smt Nara Kanaka Mahalakshmi, comprises a total of 2419.99 Sq.yds spread across 12 plots (Plot Nos. 120, 121, 122, 204, 205, 206, 214, 218, 219, 220, 222, 223) within "Navayuga Township" Phase-IV. The auction has a reserve price of 12,100,000.00 and an Earnest Money Deposit (EMD) of 1,210,000.00. The auction will be held on 29-07-2025 from 11:00 AM to 05:00 PM, with application submission closing on 29-07-2025 at 04:00 PM. For inquiries, contact M/s. Suryansh Associates (Resolution Agents) at 9393944595 or 9701066300.
Borrower Name:M/s. Sri Gokul Profits
Auction Type:SARFAESI Auction
Bank's approved Resolution Agents: M/s. Suryansh Associates Mr. Venkatapathi Raju & Mr. V.Suresh; Cell No : 9393944595 / 9701066300