BanksAuctions.com logo
anksAuctions.com
IndustrialUpcoming auctionVerified listing

Industrial in PRODDUTUR

PRODDUTUR, Gopavaram

Reserve price
₹19.61 Cr
Auction date
24 Mar 2026
11:00 AM
EMD deadline
23 Mar 2026
4:00 PM
Bid increment
₹50,000.00

Location details

Property Address
All that part and parcel of the Site and Factory Building situated at Sy. No. 305/1 & 305/2A, Bollavaram Revenue Village, Chowtapalli Gram Panchayat, Proddatur Town & Mandal, Kadapa District, admeasuring to an extent of AC 3.54 Cents (17,133.6 Sq. Yards) with the following extents and boundaries: Sy. No. 305/1 extent AC 1.00 cents Sy. No. 305/1 extent AC 0.50 cents Sy. No. 305/2A extent AC 1.00 cents Sy. No. 305/2A extent AC 1.04 cents All these sites are adjoining each other and forming 1 Large plot having the common boundaries East: Gutujala Narayanamma Site South: Gundluru Lakshmi Kanthamma Site West: 30 Links Wide Road North: Kadapa Narayana & Jayakrishna Site
Locality: PRODDUTUR
City: Gopavaram
District: YSR
State: Andhra Pradesh
Pin Code: 516360
Country: India

Auction timeline

Auction starts
24 Mar 2026 at 11:00 AM
Auction ends
24 Mar 2026 at 2:00 PM
EMD submission deadline
23 Mar 2026 at 4:00 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
₹19.61 Cr
Property Identifiers
Bank Property ID
CNRB13190S1
Collateral ID
2118502890001

Property Images

Borrower & Loan details

Borrower Name
M/S Shrushti Contech Pvt Ltd
Registered Address of Borrower
APHB Colony, Korrapadu Road, Proddatur, YSR Kadapa District. Andhra Pradesh 516360
Owner
J Madhusudhan Reddy
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
Sri. Jampala Madhusudhan Reddy,Sri Jampala Rajasekhar Reddy,Smt Jampala Prasanna Lakshmi,Smt Jampala Sujatha
NPA Amount
₹26.23 Cr
NPA Date
23 Oct 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
2118502890001
Customer ID
211850289
Possession Dates
Symbolic
02 Jan 2026

Additional details

Description
All that part and parcel of the Site and Factory Building situated at Sy. No. 305/1 & 305/2A, Bollavaram Revenue Village, Chowtapalli Gram Panchayat, Proddatur Town & Mandal, Kadapa District, admeasuring to an extent of AC 3.54 Cents (17,133.6 Sq. Yards) with the following extents and boundaries: Sy. No. 305/1 extent AC 1.00 cents Sy. No. 305/1 extent AC 0.50 cents Sy. No. 305/2A extent AC 1.00 cents Sy. No. 305/2A extent AC 1.04 cents All these sites are adjoining each other and forming 1 Large plot having the common boundaries East: Gutujala Narayanamma Site South: Gundluru Lakshmi Kanthamma Site West: 30 Links Wide Road North: Kadapa Narayana & Jayakrishna Site

EMD Schedule

EMD Start
23 Feb 2026
3:14 PM
EMD Deadline
23 Mar 2026
4:00 PM
Payment Deadline
23 Mar 2026

Inspection Schedule

Inspection Start
23 Mar 2026
10:00 AM
Inspection End
23 Mar 2026
4:00 PM

Officer Details

Authorized Officer
KRALETI VENKATA VISWANATH
DIVISIONAL MANAGER
Dealing Officer
Sri KRALETI VENKATA VISWANATH

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
2118502890001
Property ID
CNRB13190S1
Canara Bank logo
Canara Bank
Verified seller
Branch: KADAPA MAIN-II-13190
IFSC: CNRB

Bank contact

+91 99999 99999+91 79016 26769
Branch Address
SYNDICATE BANK BUILDING SEVEN ROADS, PB NO 47 CUDDAPAH,
Branch IFSC
CNRB0013190
Department
KADAPA MAIN-II-13190