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Immovable/Plot/Guntur

Event Details
Event Type :
SARFAESI
Event No. :
243456
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 :
Plot
Property Description :
Item No. 5:Property of Mr. Akkisetty Babu Rao, S/o. Akkisetty Venkaiah and Mrs. Akkisetty Sujatha, W/o. Akkisetty Babu Rao (Sale Deed No.6411 of 2008) Guntur District, Guntur Sub District. Present Nallapadu Sub District, with in the Municipal Corporation Limits of Guntur, for which town survey has not been held in Ankireddypalem village, D.No. 168/3, vendor has a right in Plot No.8, with an extent of 658.1/2 Sq. Yds site bounded by: East: Site of Plot No.3 of Akkisetty Babu Rao. South : Site of Plot No.9 of Chanduru Subba Rao. West :18 Ft Wide Road. North: Site of Plot No.7 of Akkisetty Babu Rao and Akkisetty Sujatha. Within these boundaries an extent of 658.1/2 Sq. Yds or 550.59 Sq. Mtrs of site along with easements rights. Property of Mr. Akkisetty Babu Rao, S/o. Akkisetty Venkaiah and Mrs. Akkisetty Sujatha, W/o. Akkisetty Babu Rao (Sale Deed No.2558 of 2010) Guntur District, Nallapadu Sub District, with in the Municipal Corporation Limits of Guntur, for which town survey has not been held in Ankireddypalem village, D.No. 168/3, in an extent of Ac.2.60 cents land within which vendor has a right of property in Plot Nos.6 & 7, with an extent of 1312 Sq. Yds site bounded by:East: Site purchased by vendees from Chakka Sriharinadh Kumar. South: Plot No.8 Site of Vendees. West: 18 Ft Wide Road. North Vendees Site. Within these boundaries an extent of 1312 Sq. Yds or 1097 Sq.Mtrs of site along with easements rights. Item No. 6 Property of Mrs. Akkisetty Sujatha, W/o. Akkisetty Babu Rao (Sale Deed No.2602 of 2012) Guntur District, Nallapadu Sub District in Guntur Municipal Corporation area in Ankireddypalem Village D.No. 168/2 with an extent of 1454 Sq. Yds site within which vendor has a right an extent of 727 Sq. Yds site is bounded by:East: Property of Dasari Sugunavatamma and Chenchaiah.South: Property of Akkisetty Babu Rao. West: 18 feet Wide Raod. Within these boundaries an extent of 727 Sq. Yds or 607-84 Sq.Mtrs site along with easement rights.
Borrower's Name :
M/s. Lakshmi Vallabha Exports & M/s. Rama Satya Deva Chillies
Auction Details
Reserve Price :
2,12,96,951.00
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 :
21,29,695.00
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 :