BanksAuctions.com logo
anksAuctions.com
CommercialUpcoming auctionVerified listing

Commercial in Rajampet

Rajampet

Reserve price
₹2.51 Cr
Auction date
13 Mar 2026
11:00 AM
EMD deadline
20 Nov 2025
12:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Vacant commercial Site @ in Svy No.1081/2A admeasuring 943.8 sq yards, situated at YSR Kadapa District, Rajampet Sub Reg Dist & Municipality at Rajampeta Revenue Village Polam belongs to M/s MDH TVS represented by its Mg partner Mr. Naveed Mohammed (Registered sale Deed No.2373/2017)
City: Rajampet
District: Annamayya
State: Andhra Pradesh
Pin Code: 516115
Country: India

Auction timeline

Auction starts
13 Mar 2026 at 11:00 AM
Auction ends
13 Mar 2026 at 4:00 PM
EMD submission deadline
20 Nov 2025 at 12:00 PM

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
₹2.79 Cr
Property Identifiers
Bank Property ID
IDIB7517130921A

Property Images

Price history

1 previous auctions
₹2.8Cr20 Nov₹2.5CrNow 10.0% down
₹2,79,00,000.00
20 Nov 2025
Commercial
Indian Bank logoIndian BankPossession: Symbolic

Borrower & Loan details

Borrower Name
1. M/s MDH WHEELS PRIVATE LIMITED
Registered Address of Borrower
Reg Office address: 8/164, Almaspet Cuddapah-516001.
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
30565980492
Possession Dates
Symbolic
15 Apr 2025

EMD Schedule

EMD Start
28 Feb 2026
4:33 PM
EMD Deadline
13 Mar 2026
12:00 PM
Payment Deadline
20 Nov 2025

Inspection Schedule

Inspection Start
28 Feb 2026
10:00 AM
Inspection End
12 Mar 2026
3:00 PM

Officer Details

Authorized Officer
VNS GAUTHAM KUMAR V
Authorised Officer - Scale - IV - CM
Dealing Officer
MANISHKUMAR DINESHBHAI PARMAR

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
IDIB7517130921A
Indian Bank logo
Indian Bank
Verified seller
Branch: CUDDAPAH - 1278
IFSC: IDIB

Bank contact

+91 85622 41816+91 76000 28123
Branch Address
20/918, CO-OPERATIVE COLONY, NEAR NEHRU PARK, KADAPA, YSR KADAPA DISTRICT
Branch IFSC
IDIB000N085
Department
CUDDAPAH - 1278