Property Details

Bank Details
  • Bank Name :
  • Reserve Price :  ₹3,45,85,000.00
  • EMD :  ₹34,58,500.00
  • Branch Name :  ASSET RECOVERY BRANCH : VIJAYAWADA
  • Service Provider :  BAANKNET
Contact Details :

Contact E-mail: arb.vijayawada@unionbankofindia.bank

Description

Property No.1: The Industrial land admeasuring Ac 2.77 cents (0.10+0.99+1.68) on 13406.80 Sq yds, as per approved plan 12929.42 Sq.yds and considered for valuation 12202.89 Sq.yds, as remaining site 726.53 Sq.yds, left for NH-5 Road widening as per approved plan) along with ACC sheet roof Cotton Ginning & Pressing Mill, Godowns and RCC roof Office Buildings, Staff quarters etc., situated at Survey No. 131 A/A, 131-A/B, 130/C, 132/7 of Ganapevaram village, Adjacent to NH-5 Road, Beside Veera Associates Spinning Mill, Ganapavaram Village, Nadendla Mandal, Guntur District belonging to M/s. Kasturi Cotton Ginning & Pressing Mills private limited, Ganapavaram. Boundaries for D.No. 131/A/A, 131/A/B, 130/C AC. 0.990 cents: East: Property belongs to Challagundila Subbaiah, West: Grand trunk Road, Norht: Kamma Venkata rao, South: Property belongs to Mis Vamsi cotton industries. Boundaries for D.NO. 131/A/A, 131/A/B, 130/C extent: AC 1.68 Cents: East: Property belongs To Challagundla Subbalah and Donka, West: Grand Trunk Road, Norht: Kotha Koteswara Rao & Others, South: Property belongs To Nadendia Venktateswara Rao Company Joint Wall. Boundaries for D.NO. 132/7 extent: AC 0.10 Cents: East: Timmapuram Donka, West: Property belongs To M/s. Vamsi Cotton Industries, Norht: Property Sold To Kuppam Veeriah, South: No Boundary

Property Details
  • Borrower Name :  M/S Kasturi Cotton Ginning & Pressing Mills Private Limited
  • Asset Category :  Industrials
  • Auction Type :  SARFAESI Auction
  • Property Type :  Industrial Land
  • Auction Start Date :  15-07-2025 12:00 PM
  • Auction End Time :  15-07-2025 05:00 PM
  • Application Subbmision Date :  14-07-2025 05:00 PM
Downloads
  • Sale Notice 1: