Shop for auction 2 Chimakurthy Villa, Chimakurthy, Prakasam by Indian Overseas Bank

Property for Auction in Chimakurthy, Prakasam, Andhra Pradesh

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Chimakurthy, Prakasam
Auction Date IconAuction Date:
10-03-2025 10:30 AM

Auction Details

Auction ID:458514

Bank Name:Indian Overseas Bank

Branch Name:Ongole Branch

Reserve Price:73,17,000

EMD:7,31,700

Service Provider:BAANKNET

Important Dates

Submission Date:09-03-2025 04:00 PM

Bid Start Date:10-03-2025 10:30 AM

Property Description

Commercial land and building situated at Sy. No. 576/2, revised Sy. No.1051/3A, 1051/2, near galaxy granites with an extent of 0.63 acres in Chimakurthy Village and Mandal, Prakasam District. The property is bounded by a 20 Ft wide road to the East, Sanikommu Maheswari's land to the South, and 40 Ft wide roads to the West and North.

State:Andhra Pradesh

City:Prakasam

Area:Chimakurthy

Asset Category:Commercial

Auction Description

Indian Overseas Bank is auctioning a commercial property located at Sy. No. 576/2, revised Sy. No.1051/3A, 1051/2, near galaxy granites with an extent of 0.63 acres in Chimakurthy Village and Mandal, Prakasam District. The property is bounded by a 20 Ft wide road to the East, Sanikommu Maheswari's land to the South, and 40 Ft wide roads to the West and North. The auction is conducted under SARFAESI Act with a reserve price of 7317000.00 and an EMD of 731700.00. The auction will be held on 10-03-2025 from 10:30 AM to 12:30 PM. The property is a commercial land and building.

Borrower Name:M/s. Sree Varasiddhi Vinayaka

Auction Type:SARFAESI Auction

Contact Details

Contact No : 8291220220

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