Plot for auction 6 Reddy Kothuru, Guntur, Guntur by Kotak Mahindra Bank

Property for Auction in Guntur, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Guntur, Guntur
Auction Date IconAuction Date:
12-09-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:11-09-2025 04:00 PM

Bid Start Date:12-09-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Contact bank manager

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