CommercialUpcoming auctionVerified listing
Commercial in Payakaraopeta
Payakaraopeta
Reserve price
₹1.13 Cr
Auction date
17 Feb 2026
1:00 PM
EMD deadline
19 Nov 2025
6:00 PM
Bid increment
₹50,000.00
Auction timeline
Auction starts
17 Feb 2026 at 1:00 PM
Auction ends
17 Feb 2026 at 2:00 PM
EMD submission deadline
19 Nov 2025 at 6:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Property Title
Shops for Sale in Payakaraopeta
Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.19 Cr
Property Identifiers
Bank Property ID
CNRB13591SOUTHCEN4
Collateral ID
200034758286
Location details
Property Address
All that site measuring 106.66 sq.yds site along with Ground Floor, First Floor and Second Floor building at Payakarao Peta main road, Sy No 143/1, with old door no 10-72 and New Door no 14-23, ward no 10 and old Assessment No 1357 and New Assessment no 1811 Nakkapalli sub registry , Visakhapatnam District
Ground Floor 666.66
First Floor 666.66
Second Floor 666.66
Boundaries of the Property:
East: Terraced house of Guduru Appanna
West: Joint wall between this property and the property belongs to Penugonda Krishna Kumari
North: GNT Road
South: Site and House of Lapeti satteyya
City: Payakaraopeta
District: Anakapalli
State: Andhra Pradesh
Pin Code: 531126
Country: India
Borrower & Loan details
Borrower Name
M/s South Central Shopping Mall
Registered Address of Borrower
18-4/G1,G2/ Ground Floor/Beside Panchayat office Main Road/ Payakaraopeta / Visakhapatnam/Andhrapradesh-531126
Owner
Late Mamidi Venkata Ramana being represented by his legal heirs 1) Sri. Mamidi Venkatewara RaoS/o Mamidi Venkata Ramana 2) Sri. Mamidi Raja Varahalu S/o Mamidi Venkata Ramana 3)Smt.Mamidi Manikyam w/o late Mamidi Venkata Ramana
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹17.09 Cr
NPA Date
20 May 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
200034758286
Customer ID
259806285
Possession Dates
Symbolic
11 Aug 2025
Additional details
Description
All that site measuring 106.66 sq.yds site along with Ground Floor, First Floor and Second Floor building at Payakarao Peta main road, Sy No 143/1, with old door no 10-72 and New Door no 14-23, ward no 10 and old Assessment No 1357 and New Assessment no 1811 Nakkapalli sub registry , Visakhapatnam District
Ground Floor 666.66
First Floor 666.66
EMD Schedule
EMD Start
22 Jan 2026
7:08 PM
EMD Deadline
16 Feb 2026
6:00 PM
Payment Deadline
19 Nov 2025
Inspection Schedule
Inspection Start
11 Feb 2026
10:00 AM
Inspection End
11 Feb 2026
2:00 PM
Officer Details
Authorized Officer
SATYANARAYANA TATIKONDA
Authorised Officer - Scale - IV - CM
Dealing Officer
V ESWARARAO
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
200034758286
Property ID
CNRB13591SOUTHCEN4
Canara Bank
Verified seller
Branch: SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
IFSC: CNRB
Bank contact
+91 97054 15611+91 70951 99455
Branch Address
D NO.30-15-141, I FLOOR,PAVAN COMMERCIAL COMPLEX, MAIN ROAD DABA GARDENS,VISAKHAPATNAMBranch IFSC
CNRB0013591Department
SPECIALIZED ARM BRANCH VISAKHAPATNAM-II