Plot for auction 8 Mangalagiri municipal Area, mangalagiri, Guntur by HDB Financial Ser...

Property for Auction in mangalagiri, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
mangalagiri, Guntur
Auction Date IconAuction Date:
27-06-2025 11:00 AM

Auction Details

Auction ID:508911

Bank Name:HDB Financial Services Limited

Branch Name:Branch Office : Vijayawada

Reserve Price:3,60,00,000

EMD:36,00,000

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:26-06-2025 06:00 PM

Bid Start Date:27-06-2025 11:00 AM

Property Description

The property consists of two items. Item No.1 is a plot of land measuring 57.66 square yards in Mangalagiri, Guntur District. It is situated at D.No. 234, 235, 236, bearing Door No. 8-69, in Municipal Ward No.8. The boundaries are: North: Property of Venigalla Veera Raghavulu, South: Property of Kandru Sankara Rao, East: Municipal Road, West: Property of Jonnadula Bhaskara Rao. Item No. 2 is a plot of land measuring 294.3 square yards, also located in Mangalagiri, Guntur District, at D.No.234, 235, 236-1, bearing Door No.8-69, in Municipal Ward No.8. The boundaries are: North: Property of Vendor to some extent and Property of K. Veeranjamma to some extent (78.0 ft.), South: Property of Damarla Venkata Subbamma (79.0 ft.), East: Municipal Bazar (31.0 ft.), West: Property of Damarla Venkata Subbamma (36.6 ft.).

State:Andhra Pradesh

City:Guntur

Area:mangalagiri

Asset Category:Residential

Auction Description

This is an SARFAESI auction conducted by HDB Financial Services Limited for a residential plot located in Mangalagiri, Guntur, Andhra Pradesh. The auction is for Item No.1 and Item No. 2 properties. Item No.1 is a plot admeasuring 57.66 Sq. Yds, located at D.No. 234, 235, 236, bearing Door. No. 8-69 in Municipal Ward No.8, Mangalagiri. It is bounded by Property of Venigalla Veera Raghavulu to the North, Property of Kandru Sankara Rao to the South, Municipal Road to the East, and Property of Jonnadula Bhaskara Rao to the West. Item No. 2 is a plot admeasuring 294.3 Sq. Yds, located at D.No.234, 235, 236-1 (as per endorsement dated 24-04-2019) in Municipal Ward No.8, bearing Door. No.8-69, Mangalagiri. It is bounded by Property of Vendor and Property of K. Veeranjamma to the North (78.0 ft.), Property of Damarla Venkata Subbamma to the South (79.0 ft.), Municipal Bazar to the East (31.0 ft.), and Property of Damarla Venkata Subbamma to the West (36.6 ft.). The reserve price is 3,60,00,000.00 and the EMD is 36,00,000.00. The auction will be conducted by bankeauctions.com / C1 India, with the auction starting on 27-06-2025 at 11:00 AM and ending on 27-06-2025 at 12:00 PM. The application submission deadline is 26-06-2025 at 06:00 PM. Contact persons are Ch.Srinivasa Rao (9963928773), Raghavendra (9848102103), Shaik Abdul Kareem (9885391224) & K. Manikanta Prudhvi (9059233039).

Borrower Name:Naga Sindhu Spinning & Ginning Mills Private Limited

Auction Type:SARFAESI Auction

Contact Details

Contact Ch.Srinivasa Rao (9963928773), Raghavendra (9848102103), Shaik Abdul Kareem (9885391224) & K. Manikanta Prudhvi (9059233039)

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