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Industrial in Bobbili

Bobbili

Reserve price
₹1.02 Cr
Auction date
06 Mar 2026
11:00 AM
EMD deadline
29 Sept 2025
3:00 PM
Bid increment
₹25,000.00

Location details

Property Address
Equitable mortgage of factory land & building situated at Bobbili APIIC growth centre, Plot no: 77 & 78, Survey no: 21 part, Extent of 3167.46 Sq yards, Gollapalli Village, Bobbili mandalam, Vizianagaram district
City: Bobbili
District: Vizianagaram
State: Andhra Pradesh
Pin Code: 535558
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 11:00 AM
Auction ends
06 Mar 2026 at 4:00 PM
EMD submission deadline
29 Sept 2025 at 3:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.17 Cr
Property Identifiers
Bank Property ID
PUNBABA37918036
CERSAI ID
200018919045
Collateral ID
ABA37918036

Property Images

Price history

2 previous auctions
₹1.3Cr26 Feb₹1.0CrNow 21.7% down
₹1,17,30,000.00
29 Sep 2025
Industrial
Punjab National Bank logoPunjab National BankPossession: Symbolic
₹1,30,33,000.00
26 Feb 2025
Industrial
Punjab National Bank logoPunjab National BankPossession: Symbolic

Borrower & Loan details

Borrower Name
SYAM INDUSTRIES
Registered Address of Borrower
63-6-60A/1 INDIRA COLONY, SRIHARIPURAM,WARD NO 48 , VISHAKAPATNAM, ANDHRA PRADESH- 530011
Owner
M/s K K Engineering Prop: Kandregula Koteswara Rao
Ownership of Property
Guarantor Cum Mortgagor
Guarantor
K Koteswara Rao
NPA Amount
₹78.76 L
NPA Date
30 Apr 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
ABA37918036
Customer ID
O61199031
Guarantor Address
63-6-60A/1 INDIRA COLONY, SRIHARIPURAM,WARD NO 48 , VISHAKAPATNAM, ANDHRA PRADESH- 530011
Demand Notice
Notice Date
09 May 2024
Notice Amount
₹78.76 L
Asset Classification
Classification Date
30 Apr 2024
Classification ID
2
Possession Dates
Symbolic
10 Jul 2024

Additional details

Description
Equitable mortgage of factory land & building situated at Bobbili APIIC growth centre, Plot no: 77 & 78, Survey no: 21 part, Extent of 3167.46 Sq yards, Gollapalli Village, Bobbili mandalam, Vizianagaram district

EMD Schedule

EMD Start
13 Feb 2026
3:29 PM
EMD Deadline
06 Mar 2026
3:00 PM
Payment Deadline
29 Sept 2025

Officer Details

Authorized Officer
B RADHEYSHYAM
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
ABA37918036
CERSAI ID
200018919045
Property ID
PUNBABA37918036
Punjab National Bank logo
Punjab National Bank
Verified seller
Branch: ARMB VISAKHAPATNAM 833300
IFSC: PUNB

Bank contact

+91 81144 35036
Branch Address
VIZAG
Branch IFSC
PUNB0833300
Department
ARMB VISAKHAPATNAM 833300