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Commercial in Tadepalligudem

Tadepalligudem

Reserve price
₹3.85 Cr
Auction date
28 Jan 2026
12:00 PM
EMD deadline
28 Nov 2025
5:00 PM
Bid increment
₹3,85,000.00

Auction timeline

Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
28 Nov 2025 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.25 Cr
Property Identifiers
Bank Property ID
UBINVSKARB8371F

Location details

Property Address
"338 ½ sq yds + 150 ¾ sq yds site with Hotel Dhana Residency RS No.154 with asst. No.21897; old asst. no.132170; 2nd block; 5th ward; (old 13th ward) in Tadepalligudem (near Railway Station) held in the name of M/S Sri Dhana Residency represented by Mr. E. Kondababu and Mr. E. Bhimasankara Rao Item2 EM of 254.60 Sq. Yards of vacant housing site situated at RS No. 6 situated at near D No. 2-12-11, Railway Station Road, North Side NGO home, Tadepalligudem, West Godavari held in the name of Mr. E. Kondababu
City: Tadepalligudem
District: West Godavari
State: Andhra Pradesh
Pin Code: 534101
Country: India

Price history

2 previous auctions
₹4.3Cr28 Nov₹3.9CrNow 9.4% down
₹4,25,00,000.00
30 Dec 2025
Commercial
Union Bank of IndiaPossession: Symbolic
₹4,25,00,000.00
28 Nov 2025
Commercial
Union Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
SRI SRINIVASA SPINTEX INDIA LTD
Registered Address of Borrower
Executive Director Shri Eethakota Hema Venkata Suresh s/o Kondababu regd office situated at # 104, K.N.Road, Pedatadepalli village, Tadepalligudem, West Godavari District.A.P-534101
Owner
E. KONDABABU E. BHIMASANKARA RAO
Guarantor
Shri Ethakota Konda Babu
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
141508371
Borrower CIF
141508371
Guarantor Address
Shri Ethakota Konda Babu, s/o Satyanarayana, aged about 53 years, resident of # 4-48-4, unnamatla vari street , Near Satyasaibaba Temple , Subbaraopeta, Tadepalligudem, West Godavari District.A.P-534101,(3)Shri. Ethakota Veera Venkata Satyannarayana resident of # 4-48-4, unnamatla vari street , Near Satyasaibaba Temple , Subbaraopeta, Tadepalligudem, West Godavari District.A.P-534101,(4)Shri Eethakota Hema Venkata Suresh, s/o Konda Babu, aged about 28 years, resident of 4-48-4, unnamatla vari street , Near Satyasaibaba Temple , Subbaraopeta, Tadepalligudem, West Godavari District.A.P-534101,(5.)Shri Eethakota Bhima Sankara Rao, s/o Satyanarayana, aged about 58 year, resident at 12-9-2/3 Kobbarithota, Tadepalligudem, West Godavari District. A.P-534102,(6.)Mrs Eethakota Dhanalakshmi, w/o Eethakota Konda Babu # 4-48-4, unnamatla vari street , Near Satyasaibaba Temple , Subbaraopeta, Tadepalligudem, West Godavari District.A.P-534101,

Additional details

Description
ITEM 1: 338 ½ SQ YDS 150 ¾ SQ YDS SITE WITH HOTEL DHANA RESIDENCY 5TH WARD OLD 13TH WARD ITEM2: EM OF 254.60 SQ. YARDS OF VACANT HOUSING SITE D NO. 2-12-11, RAILWAY STATION ROAD, NORTH SIDE NGO

EMD Schedule

EMD Start
21 Jan 2026
5:49 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
28 Nov 2025

Officer Details

Authorized Officer
BVV Rajeev Kumar
CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹3,85,000.00
Extension Increment
₹3,85,000.00
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
UBINVSKARB8371F
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
ANDHRABANKBUILDINGSVISAKHAPATNAMVISAKHAPTNAMPO - SEETHAMMADHARA
Branch IFSC
UBIN0817295
Department
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295