On extension of equitable mortgage of industrial land to an extent of 1160.00 Sq.yds(1452.00 Sq.yds as per document, 290.00 for road widening) situated at D.No.93/A1 of Purushothapatnam, Door No.5-219, Block No.5, Chilakaluripet Municipality, Guntur District, and AC sheet shed constructed thereat to extent of 8015 Sq.ft standing in the name of Smt.K.Padmavathi , Mr.K.Brahma Naidu , Mrs.Gottipatti Jhansi and Mrs.Kamepalli Jyothi (legal heirs of late Mr.Kamepalli Subba Rao)

Guntur, Andhra Pradesh

Reserve price
₹3.60 Cr
Auction starts
24 Sep 2026, 08:30 AM

Open the full listingView on the official portal

Auction details

Reserve price₹3.60 Cr
EMD amount₹36 L
Auction starts24 Sep 2026, 08:30 AM
Auction ends24 Sep 2026, 10:30 AM
EMD deadline23 Sep 2026, 11:00 AM
BankTamilnad Mercantile Bank Limited
BranchGuntur
Property typeIndustrial
Extent1,452 sq yd (largest of 3)
StatusUpcoming
Type of auctionEnglish Auction
Sale underSarfaesi
DepartmentTamilnad Mercantile Bank Ltd.-Guntur
OfficerAuthorized Officer
Auto extensionUnlimited extension
Parcels in this lot3
Extent (sale notice)1,160 sq yd + 1,452 sq yd + 8,015 sq ft
District (sale notice)Guntur
Door no.5-219

Legal description

Sale of Property by Tamilnad Mercantile Bank Limited, Guntur V/s. M/s.Idupulapadu Cotton Mills Pvt Ltd. (Property No. 3)

This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.