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Immovable/Land/Guntur

Event Details
Event Type :
SARFAESI
Event No. :
243502
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. 14 Property of Mr. Akkisetty Babu Rao, S/o. Akkisetty Venkaiah (Sale Deed No. 2369 of 2013) Schedule-A All that piece and parcel of the property situated in Guntur District, Nallapadu Sub District, 8" lane, Syamala Nagar, with in the Guntur Municipal Corporation Limits, not surveyed bearing D.No.213/1 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 along with easements rights. Schedule-Ban undivided and unspecified measuring 67.18 Sq. Yds or 56.17 Sq. mts, out of above mentioned A Schedule site and along with semi-finished Flat No. 1, located in the Ground Floor of LAKSHMI VALLABHA HEIGHTS with a plinth area of 1600 Sq.ft, including common areas and allotment of one car parking area, the above share of site being bounded by: East: Open area in Ground. South: Open area in Ground. West: Common Corridor and Common Stair Case. North: Open area in Ground. Together with the buildings and structures constructed/to be constructed thereon and all the fixed and fittings annexed thereto.
Borrower's Name :
M/s. Lakshmi Vallabha Exports & M/s. Rama Satya Deva Chillies
Auction Details
Reserve Price :
37,42,848.00
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 :
3,74,284.00
EMD Deposit Bank Name :
IndusInd Bank
EMD Deposit Bank Account Number :
43564604005
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 :