Union Bank of India Industrial Land & Building Auction in Nadendla, Guntur

Industrial Land & Building located in Nadendla, Guntur, Andhra Pradesh. The property includes a Ginning Mill in Ganapavaram village, near Cinema hall road, Chilakaluripet. Total site extent is 1427.74 Sq.yds (1081.74 + 346.00 Sq.yds). Property ID is D.No.206. Registered sale deeds are No. 452/1995 dated 25.02.95 and No. 849/1995 dated 28.03.95. The property was associated with M/s. Sri Lakshmi Cotton Corporation. East boundary: Bazar and property of Sri Lakshmi Cotton Corporation. South boundary: Property of M/S. Sri Lakshmi Corporation. West boundary: Property of Jamani Veera Raghavaiah & others. North boundary: 22 links wide bazaar.

Union Bank of India is conducting a SARFAESI auction for industrial land and a building in Nadendla, Guntur, Andhra Pradesh. The property is described as rural industrial land including a Ginning Mill in Ganapavaram village, near Cinema hall road, Chilakaluripet. The total extent of the site is 1427.74 Sq.yds, comprising 1081.74 Sq.yds plus 346.00 Sq.yds. The property is situated at D.No.206, Guntur District. The auction is for assets belonging to M/s. Sri Lakshmi Cotton Corporation, represented by Mr. Tubati Chinnabbai. Boundaries are described as East: Some extent Bazar and some extent belongs to Sri Lakshmi Cotton Corporation, South: Property belongs to M/S. Sri Lakshmi Corporation, West: Property belongs to Jamani Veera Raghavaiah & others, North: 22 links wide bazaar. The reserve price is 16064000.00 with an EMD of 1606400.00. The auction will be held on March 27, 2025, from 12:00 PM to 5:00 PM. Application submission deadline is March 26, 2025, 5:00 PM. For inquiries, contact arb.vijayawada@unionbankofindia.bank.