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Immovable/Land/Visakhapatnam

Event Details
Event Type :
SARFAESI
Event No. :
241499
NIT Ref. No. :
Encore Asset Reconstruction Company Private Limited Vs M/s. Adi Lakshmi Traders
Tender / Event Title :
Encore Asset Reconstruction Company Private Limited Vs M/s. Adi Lakshmi Traders
Event Bank/Organisation Name :
Encore Asset Reconstruction Company Private Limited
Event Branch :
EARC-Bank-032-Trust
Property Details
Property Category :
Immovable
Property Sub Category :
Land
Property Description :
All the piece and parcel of the site measuring an extent of 120.3 sq. yards or 100.586 sq. meters with compound wall with 152 sft along with building situated at southern side of National Highway, Reddy Kancharapalem, covered by survey no. 28/4C part of Kancharapalem Ward, within the limits of greater Vishakhapatnam municipal corporation area and sub registrar office, Vishakhapatnam and total property bounded by: (near door no.36-53-4) East. Building bearing door no.36-53-4 belongs to V. Venkata Rao South. Building belongs to Suryanarayana West. Building bearing door, no .36-53-5/5 belongs to Makka Aadhilakshmi, North. Municipal road Measurements. East. 58.00 feet or 17.67 meters. South. 20.00 feet or 6.09 meters West. 56.00 feet or 17.06 meters North. 18.00 feet or 5.48 meters
Borrower's Name :
M/s. Adi Lakshmi Traders
Auction Details
Reserve Price :
1,12,50,000.00
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 :
11,25,000.00
EMD Deposit Bank Name :
HDFC Bank
EMD Deposit Bank Account Number :
50200086900529
EMD Deposit Bank IFSC Code :
HDFC0001720
Important Dates
Press Release Date :
22 Sep 2026 00:00
Date of Inspection of Property (From) :
01 Oct 2026 10:00
Date of Inspection of Property (To) :
01 Oct 2026 15:00
Offer (First Round Quote) Submission Last Date :
14 Oct 2026 15:00
Offer (First Round Quote) Opening Date :
14 Oct 2026 15:05
Auction Start Date and Time :
15 Oct 2026 11:00
Auction End Date and Time :
15 Oct 2026 13:00
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 :