Listing ID : 487987
Institution : Karur Vysya Bank
Institution Branch : Asset Recovery Branch
Contact Details : Contact The Authorized Officer : Sri T V Ravi Kumar, AGM Mobile: 9100072161 Email:ravikumartv@kvbmail.com, Sri.M.Venkateswara Rao, CM, Mobile: 7337356183 Email:mvrao@kvbmail.com
Auction Details : E-Auction
Borrower Name : M/s Sri Sai Venkata Lakshmi Rice Mill
Property Type : Commercial Property
Lot details : lot :1 Property belongs to Smt. Velagala Sai Venkata Lakshmi w/o Vijaya Gopala Reddy (Document Nos. 2485/2005 and 2561/2005). SPSR Nellore District, Gudur Registration District, Naidupeta Sub-District, Pellakur Mandal, Pennepalli Grama Panchayat, Pennepalli Village account lands Patta No. 62 Sy. No.12 – 3 to an extent of Ac.1-70 cents out of Ac.1.82 cents landed property within the following
Schedule of Property : lot :1 Property belongs to Smt. Velagala Sai Venkata Lakshmi w/o Vijaya Gopala Reddy (Document Nos. 2485/2005 and 2561/2005). SPSR Nellore District, Gudur Registration District, Naidupeta Sub-District, Pellakur Mandal, Pennepalli Grama Panchayat, Pennepalli Village account lands Patta No. 62 Sy. No.12 – 3 to an extent of Ac.1-70 cents out of Ac.1.82 cents landed property within the following boundaries: East : Road to some extent and lands of G. Basavaiah, Hanumanthu and Krishnaiah to some extent. West : Land of Palliboina Venkatarathnam & others, Goguthattu Ravi, Gangabathina Veeraswamy and others. North : Land of Gangabathina Venkataswamy and Gangabathina Veeraswamy and others. South : Land of Palliboina Venkatarathnam and others.
Item No.2 (Property belongs to Sri. Velagala Vijaya Gopala Reddy s/o Suryanarayana Reddy (Document Nos. 307/2014). SPSR Nellore District, Gudur Registration District, Naidupeta Sub-District, Pellakur Mandal, Pennepalli Grama Panchayat, Pennepalli Village account lands Patta No. 226 Sy. No.21 – 3P2 to an extent of Ac.0.62 cents out of Ac.0.70 cents landed property within the following boundaries: East : Naidupet – Srikalahasthi Road South: Land belongs to Gangabathina Basavaiah to some extent and land of Gangabathina Chenchamma to some extent. West : Irrigation channel ( Panta Kaluva) North : Land of Velagala Sai Venkata Lakshmi
On the Total extent of Ac.2-32 cents mentioned above in item No.1 and 2, RCC framed structure building and GI sheet roof structured rice mill building, godowns, office building, workers quarters constructed with modern rice mill machinery including boilers and driers.
Property No: 2 Machinery in the Rice Mill all that plant and machinery that is avaliable with in the Rice mill Factory Primeses Excluding Sorter Machine
Inspection Details : Contact The Authorized Officer : Sri T V Ravi Kumar, AGM Mobile: 9100072161 Email:ravikumartv@kvbmail.com, Sri.M.Venkateswara Rao, CM, Mobile: 7337356183 Email:mvrao@kvbmail.com in Working Hours Only. All working Days – From 05/10/2019 to 20/10/2019 between 11.00 am to 5.00 pm on prior appointment only.
Reserve Price : ₹ 4,25,00,000.00
EMD : ₹ 42,50,000.00
Minimum Increment : ₹ 1,00,000.00
Date and Time of Auction : 21-10-2019 12:00 PM
End Time of Auction : 21-10-2019 01:00 PM
Application Submission Deadline : 19-10-2019 05:00 PM
Time Extension : If a Bid is placed in the last 3 minutes of the auction the auction end time will be extended by 3 minutes.
English Sale Notice : Download English Sale Notice of Auction Listing ID - 487987
Vernacular Sale Notice : Download Vernacular Sale Notice of Auction Listing ID - 487987
Annexure - II : Download Annexure - II of Auction Listing ID - 487987