Property for Auction in Guntur, Guntur, Andhra Pradesh
Auction ID:553896
Bank Name:Kotak Mahindra Bank
Branch Name:New Delhi
Reserve Price:₹5,98,00,000
EMD:₹59,80,000
Service Provider:drt.auctiontiger.net
Submission Date:11-09-2025 04:00 PM
Bid Start Date:12-09-2025 11:00 AM
This offering is for a plot of land located in Guntur, Guntur, Andhra Pradesh. The property is part of a SARFAESI action initiated by Kotak Mahindra Bank, concerning the assets of M/s Sri Lakshmi Narasimha Spinning Mills (India) Pvt. Ltd. While categorized as residential, the specific utility and potential of the plot should be verified by interested parties. The location in Guntur offers strategic advantages within the state.
State:Andhra Pradesh
City:Guntur
Area:Guntur
Asset Category:Residential
Kotak Mahindra Bank presents a SARFAESI Auction for a prime plot of land in Guntur, Andhra Pradesh. This is a valuable opportunity for investors and developers. The auction features a reserve price of INR 5,98,00,000 and requires an EMD of INR 59,80,000. The auction will be held online on 12-09-2025, starting at 11:00 AM and concluding at 12:00 PM. Don't miss this chance to acquire a significant asset in a growing region.
Borrower Name:M/s Sri Lakshmi Narasimha Spinning Mills (India) Pvt. Ltd.
Auction Type:SARFAESI Auction
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