Property for Auction in Walcot Daba Nagar, Guntur, Andhra Pradesh
Auction ID:453652
Bank Name:Karnataka Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹2,00,00,000
EMD:₹20,00,000
Service Provider:Public Auction
Submission Date:18-03-2025 05:00 PM
Bid Start Date:19-03-2025 11:00 AM
Industrial Plot to an extent of 1733.33 sq yds bearing Patta No. 1053, Survey Nos. 43/5, 43/6, 43/7 & 44/7, situated at Walcot Dadasaheb Industrial Estate, Walcot Daba Nagar, bypass road, Guntur. Bounded by East:Property of B. Naveen Kumar and others, South: 30'ft Wide Road, West: 40'ft Wide Road, North: Site of Vemula Padmavathi.
State:Andhra Pradesh
City:Guntur
Area:Walcot Daba Nagar
Asset Category:Residential
This is a SARFAESI Auction for an Industrial Plot located in Walcot Daba Nagar, Guntur, Andhra Pradesh. The plot spans 1733.33 sq yds and is part of the Walcot Dadasaheb Industrial Estate. The property belongs to M/s Maram Cotton Syndicate. Key boundaries include property of B. Naveen Kumar and others to the East, a 30 ft Wide Road to the South, a 40 ft Wide Road to the West, and a site of Vemula Padmavathi to the North. The auction is being conducted by Karnataka Bank with a Reserve Price of INR 20,000,000 and an EMD of INR 2,000,000. The auction will take place on March 19, 2025, from 11:00 AM to 01:00 PM. Application submission deadline is March 18, 2025, by 5:00 PM. For inquiries, contact the Branch at 0863-2222444, BM at 9985202444, or ABM at 9676444469.
Borrower Name:M/s Maram Cotton Syndicate
Auction Type:SARFAESI Auction
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:Public Auction
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