BanksAuctions.com logo
anksAuctions.com
IndustrialUpcoming auctionVerified listing

Industrial in Sompeta

Sompeta

Reserve price
₹89.47 L
Auction date
06 Mar 2026
1:00 PM
EMD deadline
28 Oct 2025
6:00 PM
Bid increment
₹25,000.00

Location details

Property Address
MODTD of Rice Mill (Land & Building) with extent of total area Ac 1.00 cents or 4840 Sq.Yds located at Sy.No.343-1A, Near Sai Baba Temple, Peddakhojjiriya Village, Kanchili Mandal, Srikakulam District.
City: Sompeta
District: Srikakulam
State: Andhra Pradesh
Pin Code: 532284
Country: India

Auction timeline

Auction starts
06 Mar 2026 at 1:00 PM
Auction ends
06 Mar 2026 at 2:00 PM
EMD submission deadline
28 Oct 2025 at 6:00 PM

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

Property overview

Type
Industrial
Sub Type
Industrial Shed
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹99.13 L
Property Identifiers
Bank Property ID
CNRB13591SHARON
Collateral ID
11861924527002

Property Images

Price history

4 previous auctions
₹1.0Cr31 Jul₹94.2L₹89.5LNow 14.3% down
₹94,18,000.00
6 Jan 2026
Industrial
Canara Bank logoCanara BankPossession: Symbolic
₹94,18,000.00
9 Dec 2025
Industrial
Canara Bank logoCanara BankPossession: Symbolic
₹99,13,000.00
29 Oct 2025
Industrial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
SHARON MODERN RICE MILL, REP BY ITS PROP. SRI KOKKIRI PRAKASH BABU
Registered Address of Borrower
SY NO.343/1A PEDDA KOJIRIYA KANCHILI SOMPETA SRIKAKULAM ANDHRA PRADESH 532291
Owner
SRI KOKKIRI PRAKASH BABU
Ownership of Property
Borrower
NPA Amount
₹1.11 Cr
NPA Date
27 Dec 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
11861924527002
Customer ID
118619245
Possession Dates
Symbolic
07 Mar 2025

Additional details

Description
MODTD of Rice Mill (Land & Building) with extent of total area Ac 1.00 cents or 4840 Sq.Yds located at Sy.No.343-1A, Near Sai Baba Temple, Peddakhojjiriya Village, Kanchili Mandal, Srikakulam District bounded by: East: Bodda Mruthuyajaya Rao dry coconut land South: Balaka Shobarani and Swarna Latha dry coconut land West: Gorge North: Borra Rama Rao & Bodda Purshottam dry coconut land

EMD Schedule

EMD Start
23 Feb 2026
6:30 PM
EMD Deadline
05 Mar 2026
6:00 PM
Payment Deadline
28 Oct 2025

Inspection Schedule

Inspection Start
27 Feb 2026
10:00 AM
Inspection End
27 Feb 2026
4:00 PM

Officer Details

Authorized Officer
SATYANARAYANA TATIKONDA
Authorised Officer - Scale - IV - CM
Dealing Officer
P JYOTHI PRAKASH

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹25,000.00
Extension Increment
₹25,000.00
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
11861924527002
Property ID
CNRB13591SHARON
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
IFSC: CNRB

Bank contact

+91 97054 15611+91 91004 72578
Branch Address
D NO.30-15-141, I FLOOR,PAVAN COMMERCIAL COMPLEX, MAIN ROAD DABA GARDENS,VISAKHAPATNAM
Branch IFSC
CNRB0013591
Department
SPECIALIZED ARM BRANCH VISAKHAPATNAM-II