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Commercial in Bhimavaram

Bhimavaram

Reserve price
₹11.40 Cr
Auction date
30 Mar 2026
11:00 AM
EMD deadline
26 Feb 2026
10:00 AM
Bid increment
₹50,000.00

Location details

Property Address
Item- 1 (as per the partition deed dated 23.09.1970 under document no. 2047/1970) Zirayathi wet an extent of Ac 2.00 acres of land on the Eastern side of Ac 2.45 cents under RS No. 206/4B is bounded by East : Land of Atyam Nagaraju South : Land of G Rajendra Prasada Raju West : Other land of G Subba Raju North : Land of G. Narayana Raju Item- 2: (as per the sale deed dated 02.03.1965 under Document no. 595/1965) An extent of Ac 0.50 cts on the western side out of full Ac. 1.16 cts under R S No. 204/1 B is bounded by East : Land of Bokka Subbanna South : Property mentioned in the item 1. West : Irrgation bodhe North : Palakollu to Pamarru Road. In total of both the items are Ac 2.50 acres Of Bhimavaram, Bhimavaram Municipal area, Gunupudi Sub-division, Bhimavaram Mandal, West Godavari Dt.
City: Bhimavaram
District: West Godavari
State: Andhra Pradesh
Pin Code: 534201
Country: India

Auction timeline

Auction starts
30 Mar 2026 at 11:00 AM
Auction ends
30 Mar 2026 at 1:00 PM
EMD submission deadline
26 Feb 2026 at 10:00 AM

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

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹11.40 Cr
Property Identifiers
Bank Property ID
IOBA1091CHINTHAL

Property Images

Price history

1 previous auctions
₹11.4Cr27 Feb₹11.4CrNow
₹11,39,62,000.00
27 Feb 2026
Commercial
Indian Overseas Bank logoIndian Overseas BankPossession: Symbolic

Borrower & Loan details

Borrower Name
Mr. Chinthalapati Lakshmi Narasimha Raju
Registered Address of Borrower
S/o. Ch. Ramakrishnam Raju Door No 8-10-23, Ward No.6, Ramachandrapuram, Bhimavaram, West Godavari, AP, Pin-534201.
Owner
Mrs Gadiraju Leelavathi, Lt. Chinthalapati lalitha and Mrs Gottumukkala Sridevi Latha
Co-Borrower(s)
Ms Chinthalapati vara Lakshmi Sravani,Mrs Gadiraju Leelavathi W/o. Gadiraju Narayanana Raju,Lt. Chinthalapati lalitha,Mr. Chinthalapati Achyuta Ramaraju, S/o. Mr. Chinthalapati Lakshmi Narasimha Raju,
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
35091470

Additional details

Description
Item- 1 (as per the partition deed dated 23.09.1970 under document no. 2047/1970) Zirayathi wet an extent of Ac 2.00 acres of land on the Eastern side of Ac 2.45 cents under RS No. 206/4B is bounded by East : Land of Atyam Nagaraju South : Land of G Rajendra Prasada Raju West : Other land of G Subba Raju North : Land of G. Narayana Raju Item- 2: (as per the sale deed dated 02.03.1965 under Document no. 595/1965) An extent of Ac 0.50 cts on the western side out of full Ac. 1.16 cts under R S No. 204/1 B is bounded by East : Land of Bokka Subbanna South : Property mentioned in the item 1. West : Irrgation bodhe North : Palakollu to Pamarru Road. In total of both the items are Ac 2.50 acres Of Bhimavaram, Bhimavaram Municipal area, Gunupudi Sub-division, Bhimavaram Mandal, West Godavari Dt.

EMD Schedule

EMD Start
26 Feb 2026
1:43 PM
EMD Deadline
30 Mar 2026
10:00 AM
Payment Deadline
26 Feb 2026

Inspection Schedule

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

Officer Details

Authorized Officer
KVV Prasad
Chief Manager
Dealing Officer
PRAFULLA KUMAR SAHOO

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
Property ID
IOBA1091CHINTHAL
Indian Overseas Bank logo
Indian Overseas Bank
Verified seller
Branch: BHIMAVARAM JUVVALAPALEM ROAD-1091
IFSC: IOBA

Bank contact

+91 89259 51091+91 88953 54700
Branch Address
D.NO.2-1-39,RAM'S PLAZA, FIRST FLOOR, JUVVALAPALEM ROAD, BHIMAVARAM , WEST GODAWARI -534202
Branch IFSC
IOBA0001091
Department
BHIMAVARAM JUVVALAPALEM ROAD-1091