BanksAuctions.com logo

anksAuctions.com

IndustrialUpcoming auctionVerified listing

Industrial in Ibrahimpatnam

Ibrahimpatnam

Reserve price
₹2.07 Cr
Auction date
20 Jan 2026
2:00 PM
EMD deadline
20 Jan 2026
12:00 PM

Auction timeline

Auction starts
20 Jan 2026 at 2:00 PM
Auction ends
20 Jan 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
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property ID
CNRB23539454607
Auction ID
234398

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

Borrower & 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
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
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
09 Jan 2026
8:03 PM
EMD Deadline
20 Jan 2026
12:00 PM
Payment Deadline
20 Jan 2026

Officer Details

Authorized Officer
N C MEESHI
Authorised Officer - Scale - IV - CM
Dealing Officer
LeelaMohan Bapatla
Contact Number
8331011695

Auction Rules

Bid Increment
₹1.00 L
Auto Extension
Enabled
Extension Trigger
Last 5 minutes
Extension Duration
5 minutes

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
Canara Bank
Verified seller
Branch: VIJAYAWADA SPECIALISED ARM BRANCH

Bank contact

+91 83310 11695
Address
DHOOM COMPLEX, II FLOOR, SRINIVASA NAGAR, BANK COLONY, VJ POLYTECHNIC POST,
Branch IFSC
CNRB0006682