Plot for auction 2 Nallapadu Villa Nallapadu Guntur by Debts Recovery Tribunal

The property consists of two vacant plots, each measuring 363 Sq. Yds (303.52 Sq.Mts), located at D.No. 583/A in Nallapadu Village, within the Guntur Municipal Corporation limits, Guntur District, Andhra Pradesh. Both properties are covered by registered sale deeds from 2004 (Doc No. 3085/2004 and Doc No. 3086/2004) and belong to Sri Prathikonda Joseph Raju. The specific boundaries are detailed for each plot, involving adjacent properties and roads.

This is a Debts Recovery Tribunal (DRT) auction for a plot of land located in Nallapadu, Guntur, Andhra Pradesh. The property is associated with Defendant - 4, Sri Prathikonda Joseph Raju. There are two distinct items listed, both described as vacant sites, each with an extent of 363 Sq. Yds (approximately 303.52 Sq.Mts). Item No. 2 is covered by Sale Deed Doc No. 3085/2004, dated 07.04.2004. Item No. 3 is covered by Sale Deed Doc No. 3086/2004, dated 07.04.2004. Both properties are situated within the Guntur Municipal Corporation limits in Nallapadu Village, D.No. 583/A. The boundaries for Item No. 2 are: East: Property of Munnangi Kotireddy, South: Site of Challa Ramireddy, Mukkala Sarasvatamma, and some boundary of Road, West: Site of Metty Peda Malla Reddy, Challa Ramireddy, North: Site of Prathikonda Joseph Raju. The boundaries for Item No. 3 are: East: Property of Munnangi Kotireddy, South: Site of Prathikonda Joseph Raju, West: Site of Metty Peda Malla Reddy, Challa Ramireddy, North: Hill side Road. The auction is being conducted by the Debts Recovery Tribunal, with Visakhapatnam as the branch name, and serviced by bankeauctions.com / C1 India. The reserve price is 47,19,000.00, and the EMD is 4,71,900.00. The auction is scheduled for March 24, 2025, from 11:00 AM to 12:00 PM. Application submission deadline is March 20, 2025, by 04:00 PM. The borrower is M/s. Srinivasa Tobaccos. The Asset Category is Residential and the Property Type is Plot.