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Immovable/Land/Guntur

Event Details
Event Type :
SARFAESI
Event No. :
243442
NIT Ref. No. :
IndusInd Bank Vs M/s. Lakshmi Vallabha Exports & M/s. Rama Satya Deva Chillies
Tender / Event Title :
IndusInd Bank Vs M/s. Lakshmi Vallabha Exports & M/s. Rama Satya Deva Chillies
Event Bank/Organisation Name :
IndusInd Bank
Event Branch :
IndusInd Bank Limited, Begumpet, Hyderabad - BO
Property Details
Property Category :
Immovable
Property Sub Category :
Land
Property Description :
Item No. 1: Property of Mr. Akkisetty Babu Rao, S/o. Akkisetty Venkaiah (Sale Deed No.5432 of 2010) Schedule -A:All that piece or parcel of property situated in Guntur District, Nallapadu Sub District, 8th lane, Syamala Nagar, within Guntur Municipal Corporation Limits, not surveyed bearing D.No.216/1, and 217, Ac.2-60 cents, D.No.223, Ac.8-30 cents of Nallapadu Village in which after leaving an extent of 30.55 Sq. Yds towards Eastern Road side and retained an extent of 580.56 Sq. Yds of Lakshmi Vallabha Heights is being bounded by:East:30 ft Wide Municipal Road.South: Property belongs to Makineni Lakshmaiah.West: property belongs to Papineni Sambasiva Rao.North: Property belongs to Chebrolu Sivarama Krishnaiah. Within these boundaries an extent of 580.56 Sq. Yds or 485.42 Sq. Mtrs, of site and including all rights of easements and appurtenances etc. in which., Schedule-B:An undivided and un specified measuring 97.86 Sq. Yds or 81.82 Sq. Mtrs., out of above mentioned 'A' schedule site and along with Duplex Flat No.2, located in the ground and first floors of "Lakshmi Vallabha Heights" with a plinth area of 2330 Sq. ft. including common areas and allotment of two car parking areas and the said flat is bounded by:East Common Corridor, Common Lift and Common Stair Case.South: Open area in Ground.West. Open area in Ground. North: Open area in Ground. Within these boundaries one semi-finished Duplex Flat No.2, located in the ground and first floors of "Lakshmi Vallabha Heights" along with all the rights of easement and appurtenances etc, and including allotment of two car parking in still floor.
Borrower's Name :
M/s. Lakshmi Vallabha Exports & M/s. Rama Satya Deva Chillies
Auction Details
Reserve Price :
55,18,654.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
50,000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
5,51,865.00
EMD Deposit Bank Name :
IndusInd Bank
EMD Deposit Bank Account Number :
00043564604005
EMD Deposit Bank IFSC Code :
INDB0000004
Important Dates
Press Release Date :
12 Oct 2026 00:00
Date of Inspection of Property (From) :
26 Oct 2026 14:00
Date of Inspection of Property (To) :
26 Oct 2026 15:00
Offer (First Round Quote) Submission Last Date :
02 Nov 2026 16:00
Offer (First Round Quote) Opening Date :
02 Nov 2026 16:05
Auction Start Date and Time :
03 Nov 2026 11:00
Auction End Date and Time :
03 Nov 2026 12:00
Auction Related Documents
View NIT Documents :
Documents to be Submitted :
Pan Card,Annexure 3/Declaration Form,Annexure 2/Details of Bidder,Proof Of Address
Tender Documents :
Annexure 2/Details of Bidders :
Annexure 3/Declaration by Bidders :