IndustrialUpcoming auctionVerified listing
Industrial in Ibrahimpatnam
Ibrahimpatnam
Reserve price
₹1.97 Cr
Auction date
10 Mar 2026
2:00 PM
EMD deadline
20 Jan 2026
12:00 PM
Bid increment
₹1,00,000.00
Location details
Property Address
Industrial site along with shed in an extent of 860.54 Sq yds or 719.50 Sq Mts at plot No.167 and an extent of 907.66 Sq yds or 758.90 Sq Mts at Plot No.166-B together 1768.20 Sq. Yds situated in R. Sy No.114/1A3, Industrial Development Area in Kondapalli Grama Panchayat, Ibrahimpatnam Sub-Registrar, Krishna District, property standing in the name of M/s Vasavi electro Systems Private Limited Rep. by its Sri Immadi Babji.
City: Ibrahimpatnam
District: NTR
State: Andhra Pradesh
Pin Code: 521456
Country: India
Nearest Airport / Railway Station / Bus Stand
VIJAYAWADA
Auction timeline
Auction starts
10 Mar 2026 at 2:00 PM
Auction ends
10 Mar 2026 at 4:00 PM
EMD submission deadline
20 Jan 2026 at 12:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Industrial
Sub Type
Industrial Plot with Factory Building
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.07 Cr
Property Identifiers
Bank Property ID
CNRB23539454607
Collateral ID
23539454607
Property Images
Price history
1 previous auctions₹2,07,46,000.00
20 Jan 2026
Industrial
Canara BankPossession: SymbolicBorrower & Loan details
Borrower Name
M/s VASAVI ELECTRO SYSTEMS PRIVATE LIMITED
Registered Address of Borrower
M/s Vasavi Electro Systems Private Limited
Managing Director:
Sri. Immadi Babji
D No 3-67, Andhra Bank Road,
Ibrahimpatnam- 521456
NTR District.
Andhra Pradesh.
Owner
/s Vasavi Electro Systems Private Limited Managing Director: Sri. Immadi Babji
Ownership of Property
Borrower
Co-Borrower(s)
Sri Immadi Babji (Managing Director),Sri Immadi Eswara Chandra Vidya Sagar (Director)
NPA Amount
₹5.81 Cr
NPA Date
01 May 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
23539454607
Customer ID
235394546
Possession Dates
Physical
10 Jul 2025
Symbolic
10 Jul 2025
Additional details
Description
Industrial site along with shed in an extent of 860.54 Sq yds or 719.50 Sq Mts at plot No.167 and an extent of 907.66 Sq yds or 758.90 Sq Mts at Plot No.166-B together 1768.20 Sq. Yds situated in R. Sy No.114/1A3, Industrial Development Area in Kondapalli Grama Panchayat, Ibrahimpatnam Sub-Registrar, Krishna District,
EMD Schedule
EMD Start
18 Feb 2026
1:56 PM
EMD Deadline
10 Mar 2026
12:00 PM
Payment Deadline
20 Jan 2026
Inspection Schedule
Inspection Start
03 Mar 2026
10:00 AM
Inspection End
04 Mar 2026
5:00 PM
Officer Details
Authorized Officer
N C MEESHI
Authorised Officer - Scale - IV - CM
Dealing Officer
Leelamohan Bapatla
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
23539454607
Property ID
CNRB23539454607
Nearby Amenities
Nearest Station
VIJAYAWADA
Property Images
Canara Bank
Verified seller
Branch: VIJAYAWADA SPECIALISED ARM BRANCH
IFSC: CNRB
Bank contact
+91 83310 11695+91 98663 22246
Branch Address
DHOOM COMPLEX, II FLOOR, SRINIVASA NAGAR, BANK COLONY, VJ POLYTECHNIC POST,Branch IFSC
CNRB0006682Department
VIJAYAWADA SPECIALISED ARM BRANCH