Shop for auction A2 Kakani Villa, Narasaraopet, Guntur by Indian Bank

The property consists of multiple land parcels located in Kakani Grama Panchayath & Village, Narasaraopet, Guntur District, Andhra Pradesh. These parcels are part of Survey Numbers D.No. 520, 521, 522/A2, 522/8, 560, 522/B, 523, and 524/A1, with a total extent of approximately 12.23 acres. The property is owned by M/s Ajanta Spintex (India) Private Limited. The auction also includes hypothecated assets such as plant and machinery. The property is described as a commercial property. The bank is Indian Bank and the auction is conducted under the SARFAESI Act. The property is located at Kakani Village (Vinukonda Road), Narasaraopet, Guntur Dist., Andhra Pradesh-522601.

Indian Bank is conducting a SARFAESI Auction for a commercial property in Narasaraopet, Guntur, Andhra Pradesh. The auction includes land parcels in Kakani Grama Panchayath & Village, specifically parcels within D.No. 520, 521, 522/A2, 522/8, 560, 522/B, 523, and 524/A1, totaling approximately 12.23 acres. The property is owned by M/s Ajanta Spintex (India) Private Limited. Additionally, hypothecated assets including plant and machinery are part of the auction. The reserve price is ₹44,39,13,500.00 and the EMD is ₹4,43,91,350.00. The auction will take place on March 26, 2025, from 10:00 AM to 5:00 PM. For inquiries, contact Dileep Kumar at 9455007009 or B. Santosh Kumar at 9666433321.