Property for Auction in Narasaraopet, Guntur, Andhra Pradesh
Auction ID:435492
Bank Name:Union Bank of India
Branch Name:RENTAPALLA Branch
Reserve Price:₹18,88,000
EMD:₹1,88,800
Service Provider:BAANKNET
Submission Date:13-02-2025 05:00 PM
Bid Start Date:14-02-2025 12:00 PM
The property is a residential plot located in Guntagarlapadu Village, Isapalem Gram Panchayat, Narasaraopet, Guntur District, Andhra Pradesh. It comprises a total of AC 7.01 Cents (AC 3.86 Cents of MADHURA NAGAR), with specific boundaries including roads on the East, South, and West, and neighboring properties to the North. The total site area is 4906.66 Sq. Yards (4102.56 Sq.Mts), which includes a vacant site of 35 Sq. Yards (29.26 Sq.Mts) for car parking. There are no existing constructions on the plot. A separate Schedule-B describes a flat (No. 513) on the fourth floor of the SRI SAI HOMES building complex, with an area of 1000 Sq.ft (excluding common areas), and its own set of boundaries.
State:Andhra Pradesh
City:Guntur
Area:Narasaraopet
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential plot located in Narasaraopet, Guntur District, Andhra Pradesh. The property is situated in Guntagarlapadu Village, Isapalem Gram Panchayat, and consists of a total of AC 7.01 Cents, of which AC 3.86 Cents is designated as MADHURA NAGAR. The site has boundaries defined by a 240 Feet wide road to the East and West, a 184 Feet wide road to the South, and property belonging to Ravela Satyanarayana and others to the North. The total extent of the site is 4906.66 Sq. Yards (4102.56 Sq.Mts), including a vacant site of 35 Sq. Yards (29.26 Sq.Mts) for car parking. There are no constructions on this plot. Additionally, Schedule-B details a Flat No. 513 on the fourth floor of the SRI SAI HOMES building complex, with a proposed plinth area of 1000 Sq.ft (excluding common areas). The flat is bounded by properties of G. Vasudeva Samabasiva Murthy to the East, Nagalla Koteswara Rao to the South, and Panchayat Roads to the West and North. The auction has a reserve price of INR 1,888,000.00 and an EMD of INR 188,800.00. The auction will be held on February 14, 2025, from 12:00 PM to 5:00 PM. The application submission deadline is February 13, 2025, by 5:00 PM.
Borrower Name:Mr. Immadisetty Bhaskara Sampath Kumar
Auction Type:SARFAESI Auction
Contact No : Bank Manager