IndustrialUpcoming auctionVerified listing
Industrial in CHIRALA
CHIRALA, Chirala
Reserve price
₹3.14 Cr
Auction date
09 Mar 2026
12:00 PM
EMD deadline
09 Mar 2026
2:00 PM
Bid increment
₹50,000.00
Location details
Property Address
SyNo.345/4 & 347/6, Near DNo.27-81, Old Jandrapeta, Block No.27, Jandrapeta village, Present Solomon Centre Panchayat, Chirala - 523155
Locality: CHIRALA
City: Chirala
District: Bapatla
State: Andhra Pradesh
Pin Code: 523155
Country: India
Nearest Airport / Railway Station / Bus Stand
CHIRALA RAILWAY STATION
Auction timeline
Auction starts
09 Mar 2026 at 12:00 PM
Auction ends
09 Mar 2026 at 3:00 PM
EMD submission deadline
09 Mar 2026 at 2:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Industrial
Sub Type
Industrial Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹3.14 Cr
Property Identifiers
Bank Property ID
SBIN00007905361
CERSAI ID
20008494364
Collateral ID
78065110577
Property Images
Borrower & Loan details
Borrower Name
HINDUSTAN MAGNESIUM PRODUCTS PRIVATE LIMITED
Registered Address of Borrower
Plot No.98/1, Phase-II, IDA, Cherlapally, Hyderabad -500051
Owner
RAJ VINAYA KUMAR KATTA
Ownership of Property
Borrower
NPA Amount
₹72.68 L
NPA Date
30 Mar 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78065110577
Customer ID
86332068587
Demand Notice
Notice Date
18 Apr 2022
Notice Amount
₹72.68 L
Asset Classification
Classification Date
30 Mar 2022
Classification ID
4
Possession Dates
Physical
23 Sept 2022
Symbolic
23 Sept 2022
Additional details
Property USP
IN PRIME LOCATION
Description
SyNo.345/4 & 347/6, Near DNo.27-81, Old Jandrapeta, Block No.27, Jandrapeta village, Present Solomon Centre Panchayat, Chirala - 523155
EMD Schedule
EMD Start
17 Feb 2026
3:01 PM
EMD Deadline
09 Mar 2026
2:00 PM
Payment Deadline
09 Mar 2026
Inspection Schedule
Inspection Start
18 Feb 2026
10:00 AM
Inspection End
08 Mar 2026
3:00 PM
Officer Details
Authorized Officer
GANJI PRASAD
CHIEF MANAGER
Dealing Officer
GANJI PRASAD, CHIEF MANAGER
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
Collateral ID
78065110577
CERSAI ID
20008494364
Property ID
SBIN00007905361
Nearby Amenities
Nearest Station
CHIRALA RAILWAY STATION
Property Images
State Bank of India
Verified seller
Branch: SARB HYDERABAD-05172
IFSC: SBIN
Bank contact
+91 98202 55802+91 98669 86725
Branch Address
STRESS ASSETS RECOVERY BRANCH, 2ND FLOO
TSRTC COMMUTER AMENITY CENTRE,
BUS TERMINAL COMPLEX, KOTI, HYDERABADBranch IFSC
SBIN0030233Department
SARB HYDERABAD-05172