BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in PEDDAPURAM MANDAL, EAST GODAVARI

PEDDAPURAM MANDAL, EAST GODAVARI, Peddapuram

Reserve price
₹13.00 Cr
Auction date
05 Mar 2026
11:00 AM
EMD deadline
19 Sept 2025
4:00 PM
Bid increment
₹25,000.00

Location details

Property Address
R.S NO: 862/1, NEAR D.NO: 4-1-48/1, VADLAMURU ROAD, PEDDAPURAM VILLAGE & MUNCIPALITY
Locality: PEDDAPURAM MANDAL, EAST GODAVARI
City: Peddapuram
District: Kakinada
State: Andhra Pradesh
Pin Code: 533437
Country: India
Nearest Airport / Railway Station / Bus Stand
NEAR BUS STAND

Auction timeline

Auction starts
05 Mar 2026 at 11:00 AM
Auction ends
05 Mar 2026 at 5:00 PM
EMD submission deadline
19 Sept 2025 at 4:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹11.70 Cr
Property Identifiers
Bank Property ID
SBINHARIBABUU02
CERSAI ID
200062263504
Collateral ID
S007855560001

Property Images

Price history

1 previous auctions
₹11.7Cr19 Sep₹13.0CrNow 11.1% up
₹11,70,00,000.00
19 Sep 2025
Commercial
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
HARI BABU RICE INDUSTRIES
Registered Address of Borrower
SY NO 862/1, VADLAMURU ROAD, PEDDAPURAM, EAST GODAVARI, Andhra Pradesh, 533437
Owner
KONDEPUDI HARIBABU
NPA Amount
₹7.87 Cr
NPA Date
18 Sept 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
S007855560001
Customer ID
C00785556
Demand Notice
Notice Date
19 Sept 2024
Notice Amount
₹7.87 Cr
Asset Classification
Classification Date
18 Sept 2024
Classification ID
2
Possession Dates
Physical
03 Jun 2025

Additional details

Property USP
INVESTMENT POTENTIAL, AFFORDABILITY
Description
NEWLY CONSTRUCTED G1 ROOF OF RICE MILL INDUSTRY WITH AN EXTENT OF 4.00 CENTS LAND OR 19360 SQ YARDS

EMD Schedule

EMD Start
18 Feb 2026
3:22 PM
EMD Deadline
05 Mar 2026
4:00 PM
Payment Deadline
19 Sept 2025

Inspection Schedule

Inspection Start
04 Mar 2026
11:00 AM
Inspection End
04 Mar 2026
4:00 PM

Officer Details

Authorized Officer
Somnath Das
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
S007855560001
CERSAI ID
200062263504
Property ID
SBINHARIBABUU02

Nearby Amenities

Nearest Station
NEAR BUS STAND
State Bank of India logo
State Bank of India
Verified seller
Branch: SME BRANCH RAJAHMUNDRY-16314
IFSC: SBIN

Bank contact

+91 80088 77119
Branch Address
D.NO.79-7-18, SRR HEIGHTS RAJAHMUNDRY EAST GODAVARI ANDHRA PRADESH
Branch IFSC
SBIN0016314
Department
SME BRANCH RAJAHMUNDRY-16314