Shop for auction 5 Alaparthi Lalitha Sudha Kode Lalitha Sudh Kothapeta Guntur by Maximu...

Property for Auction in Kothapeta, Guntur, Andhra Pradesh

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Kothapeta, Guntur
Auction Date IconAuction Date:
12-03-2025 11:00 AM

Auction Details

Auction ID:445854

Bank Name:Maximus ARC Limited

Branch Name:Hyderabad

Reserve Price:40,00,000

EMD:4,00,000

Service Provider:Public Auction

Important Dates

Submission Date:11-03-2025 05:00 PM

Bid Start Date:12-03-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact No : +91 98481 70245

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