Listing ID : 421508
Institution : Indian Overseas Bank
Institution Branch : Chandramouli Nagar Branch
Contact Details : Contact The Authorised Officer : Mr B Srinivasa Murty, mobile No.9642177999
Auction Details : E-Auction
Borrower Name : M/s Vijayasri Cotton Ginning Mill
Property Type : Commercial Property
Lot details : Ac 1.89Cents out of which an extent of Ac.0.77 1/2 cents or 3751 Sq. Yards
Schedule of Property : All that piece of land and building and installed cotton ginning and pressing TMC machinery etc, situated at Guntur District, Koretipadu Sub District, Gorantla Village Panchayat area Gorantla Village, Guntur Sub Registry, D.No:65/1 Ac 1.89Cents out of which an extent of Ac.0.77 1/2 cents or 3751 Sq. Yards of land along with a Ginning Mill by name M/s Vijayasri Cotton Ginning Mill, constructed thereon and with all other amenities, in the name of Sri.Kondapaturi Sambasiva Rao, S/o Veeraswamy, as per Document No: 833/79 dt 22.02.1979 and bounded by: East : Land of Mr.Damaraju Venkata Hanumantha Rao and others South: Land of Mr. Vangala Punna Reddy and others West : Land of Mr. Parimisetty Basavaiah North: Land of Mr. Kasu Peda Sambi Reddy and others Present Boundaries after Road Widening East: Vacant site and Property of Venkateswara Swamy Temple South: Property of Mr.K.Yanathi Rao and others West: Property of M/s.Nagarjuna Cotton Factory North: 15 ft wide approach Road. within these boundaries an extent of 3351 Sq yards of land along with a Ginning Mill, ACC Sheet Godown with all existing constructions there upon along with all easements covered there under.
Inspection Details : Inspection Date& Time: Dt. 20/02/2019 onwards with prior appointment with Bank
Reserve Price : ₹ 10,12,02,000.00
EMD : ₹ 1,01,21,000.00
Minimum Increment : ₹ 25,000.00
Date and Time of Auction : 14-03-2019 10:30 AM
End Time of Auction : 14-03-2019 11:30 AM
Application Submission Deadline : 13-03-2019 05:00 PM
Time Extension : If a Bid is placed in the last 5 minutes of the auction the auction end time will be extended by 5 minutes.
English Sale Notice : Download English Sale Notice of Auction Listing ID - 421508
Annexure - II : Download Annexure - II of Auction Listing ID - 421508

Bid can be submitted at iob.foreclosureindia.com