Property for Auction in Kothapeta, Guntur, Andhra Pradesh
Auction ID:445854
Bank Name:Maximus ARC Limited
Branch Name:Hyderabad
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:Public Auction
Submission Date:11-03-2025 05:00 PM
Bid Start Date:12-03-2025 11:00 AM
The property comprises four contiguous parcels of urban commercial land in Kothapeta, Guntur, totaling 3309 Sq. Yds. These parcels are described as: 1. 380 Sq. Yds in T.S.No.37, Ward No.5, Block No.2, located near Door No.12-11-1, Manipuram Bridge, Bus Stand Road & Mangalagiri Road, Old Club Road, bounded by land belonging to Alaparthi Priya Nandana (East), Old Club Road (South), land belonging to Mrs. Alaparthi Lakshmi Kumari (West), and land belonging to Mekapati Suresh (North). 2. 379 Sq. Yds in T.S. No.37, Ward No.5, Block No.2, near Door No.12-11-1, Manipuram bridge, Bus Stand Road & Mangalagiri Road, Old Club Road, bounded by land belonging to Desi Raju Venkata Rao (East), Old Club Road (South), land belonging to Mrs. Alaparthi Lalitha Sudha (West), and land belonging to Mekapati Suresh (North). 3. 1000 Sq. Yds in T.S.No.37, Ward No.5, Block No.2, near Door No: 12-11-1, Manipuram bridge, Bus Stand Road & Mangalagiri Road, Old Club Road, bounded by property belonging to Alaparthi Lalitha Sudha (East), Old Club Road (South), Municipal Donka (West), and land belonging to Mr. Kode Sashi Kiran & Alaparthi Lalitha Sudha (North). 4. 1550 Sq. Yds in T.S.No.37, Ward No.5, Block No.2, near Door No.12-11-1, Manipuram bridge, Bus Stand Road & Mangalagiri Road, Old Club Road, bounded by Dechiraju Venkata Rao's Site (East), Alaparthi Lalitha Sudha (South), Road (West), and Road (North). All parcels are in the name of Alaparthi Lalitha Sudha @ Kode Lalitha Sudha and Mr. Kode Sashi Kiran & Alaparthi Lalitha Sudha @ Kode Lalitha Sudha. A semi-finished structure is constructed on the land, featuring 3 cellars and a Ground Floor with an aggregate built-up area of approximately 60325 sq.ft.
State:Andhra Pradesh
City:Guntur
Area:Kothapeta
Asset Category:Commercial
This is a SARFAESI auction for a commercial property in Kothapeta, Guntur, Andhra Pradesh, conducted by Maximus ARC Limited. The auction features urban commercial land totaling 3309 Sq. Yds with semi-finished structures including 3 cellars and a Ground Floor, boasting an aggregate built-up area of approximately 60325 sq.ft. The property is located near Manipuram Bridge, on Bus Stand Road & Mangalagiri Road, Old Club Road. The reserve price is INR 4,000,000, with an EMD of INR 400,000. The auction will take place on March 12, 2025, from 11:00 AM to 12:00 PM. Application submission deadline is March 11, 2025, by 5:00 PM. For inquiries, contact +91 98481 70245.
Borrower Name:M/s Maximus ARC Limited
Auction Type:SARFAESI Auction
Contact No : +91 98481 70245