IndustrialUpcoming auctionVerified listing
Industrial in Ibrahimpatnam
Ibrahimpatnam
Reserve price
₹2.07 Cr
Auction date
10 Feb 2026
2:00 PM
EMD deadline
10 Feb 2026
12:00 PM
Bid increment
₹1,00,000.00
Auction timeline
Auction starts
10 Feb 2026 at 2:00 PM
Auction ends
10 Feb 2026 at 4:00 PM
EMD submission deadline
10 Feb 2026 at 12:00 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
₹2.07 Cr
Property Identifiers
Bank Property ID
CNRB23539454606
Collateral ID
2353945466
Location details
Property Address
Near Door No. 30-50, RS No. 114/1A3, Plot No.166-B,167, Road No.06, IDA, Kondapalli, Ibrahimpatnam, NTR District
City: Ibrahimpatnam
District: NTR
State: Andhra Pradesh
Pin Code: 521228
Country: India
Nearest Airport / Railway Station / Bus Stand
VIJAYAWADA
Borrower & Loan details
Borrower Name
M/s VASAVI ELECTRO SYSTEMS PRIVATE LIMITED
Registered Address of Borrower
M/s Vasavi Electro Systems Private Limited
Managing Director:
Sri. Immadi Babji
D No 3-67, Andhra Bank Road,
Ibrahimpatnam- 521456
NTR District.
Andhra Pradesh.
Owner
Sri Immadi Babji
Ownership of Property
Borrower
Co-Borrower(s)
Sri Immadi Babji (Managing Director),Sri Immadi Eswara Chandra Vidya Sagar (Director)
NPA Amount
₹5.81 Cr
NPA Date
01 May 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
2353945466
Customer ID
235394546
Possession Dates
Physical
10 Jul 2025
Symbolic
10 Jul 2025
Additional details
Description
Near Door No. 30-50, RS No. 114/1A3, Plot No.166-B,167, Road No.06, IDA, Kondapalli, Ibrahimpatnam, NTR District
EMD Schedule
EMD Start
28 Jan 2026
5:58 PM
EMD Deadline
10 Feb 2026
12:00 PM
Payment Deadline
10 Feb 2026
Inspection Schedule
Inspection Start
03 Feb 2026
11:00 AM
Inspection End
03 Feb 2026
4:00 PM
Officer Details
Authorized Officer
N C MEESHI
Authorised Officer - Scale - IV - CM
Dealing Officer
LEELA MOHAN
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
2353945466
Property ID
CNRB23539454606
Nearby Amenities
Nearest Station
VIJAYAWADA
Canara Bank
Verified seller
Branch: VIJAYAWADA SPECIALISED ARM BRANCH
IFSC: CNRB
Bank contact
+91 83310 11695+91 98663 22246
Branch Address
DHOOM COMPLEX, II FLOOR, SRINIVASA NAGAR, BANK COLONY, VJ POLYTECHNIC POST,Branch IFSC
CNRB0006682Department
VIJAYAWADA SPECIALISED ARM BRANCH