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Industrial in LANKELAPALEM AT VISHAKAPATNAM

LANKELAPALEM AT VISHAKAPATNAM, Paravada Industrial Area

Reserve price
₹2.33 Cr
Auction date
16 Mar 2026
11:00 AM
EMD deadline
16 Mar 2026
10:00 AM
Bid increment
₹1,00,000.00

Location details

Property Address
All that piece or parcel of land measuring 2904 sq yards or 2427 sq mts of site together with RCC Building thereon, measuring 375 sft situated at Lankelapalem , covered by S.Nos 187/1 to 5, 188/1,2, 4A to 4E of Lankelapalem village, Parawada Mandal , with in the limits of Greater Vishakapatnam Municipal Corporation and Lankelapalem Registration Sub District .The property was registered with title deed No.: 923/2007 on 17.12.2007 at Sub Registrar Office, Lankelapalem in the name of M/s Jay Ambe Gowri Petrochem Limited Represented by its Managing Director Shri Narender Kumar Patel, residing at Plot No : 7-2-B12, Industrial Estate, Sanathnagar, Hyderabad, Telangana- 500018
Locality: LANKELAPALEM AT VISHAKAPATNAM
City: Paravada Industrial Area
District: Anakapalli
State: Andhra Pradesh
Pin Code: 531019
Country: India
Nearest Airport / Railway Station / Bus Stand
Vishakapatnam International Airport/Vishakapatnam Railway Station/Lankelapalem Bus station/ no near by metro station.

Auction timeline

Auction starts
16 Mar 2026 at 11:00 AM
Auction ends
16 Mar 2026 at 4:00 PM
EMD submission deadline
16 Mar 2026 at 10:00 AM

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

Property overview

Type
Industrial
Sub Type
Industrial Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.33 Cr
Property Identifiers
Bank Property ID
SBIN77168853593
CERSAI ID
400078634511
Collateral ID
77168853593

Property Images

Borrower & Loan details

Borrower Name
M/S JAY AMBE GOWRI CHEM LTD
Registered Address of Borrower
M/s Jay Ambe Gowri Chem Limited Formerly named as M/s Jay Ambe Gowri Petrochem Limited Represented by its Managing Director Shri Narender Kumar Patel Plot No: 7-2-B12, Industrial Estate, Sanathnagar, Hyderabad, Telangana- 500018. Also at : Survey No.353 & 469,Domadugu & Bonthapally Village, Jinnaram Mandal, Bonthapally (P.O), Medak District , Telangana-502313.
Owner
M/s Jay Ambe Gowri Chem Limited Formerly named as M/s Jay Ambe Gowri Petrochem Limited Represented by its Managing Director & Chairman Shri Narender Kumar Patel
Ownership of Property
Borrower
NPA Amount
₹127.59 Cr
NPA Date
30 Apr 2014
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77168853593
Customer ID
85616396659
Demand Notice
Notice Date
10 Jul 2014
Notice Amount
₹425.91 Cr
Asset Classification
Classification Date
29 Nov 2017
Classification ID
1
Possession Dates
Physical
23 Aug 2017

Additional details

Property USP
12222
Description
VACANT INDUSTRIAL LAND ADMEASURING 2904 SQ YDS OR 2427 SQ MTS AT LANKELAPALEM , VISHAKAPATNAM

EMD Schedule

EMD Start
26 Feb 2026
6:35 PM
EMD Deadline
16 Mar 2026
10:00 AM
Payment Deadline
16 Mar 2026

Inspection Schedule

Inspection Start
01 Mar 2026
11:00 AM
Inspection End
15 Mar 2026
4:00 PM

Officer Details

Authorized Officer
RAJAT KUMAR DEEP
Assistant General Manager
Dealing Officer
RAJAT KUMAR DEEP

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 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
77168853593
CERSAI ID
400078634511
Property ID
SBIN77168853593

Nearby Amenities

Nearest Station
Vishakapatnam International Airport/Vishakapatnam Railway Station/Lankelapalem Bus station/ no near by metro station.
State Bank of India logo
State Bank of India
Verified seller
Branch: SAM BRANCH-2 HYDERABAD-18359
IFSC: SBIN

Bank contact

+91 94374 85833+91 96760 48881
Branch Address
HOUSE NO. 3-4-1013/A,NEW BUS STATION, 1ST FLOOR, TSRTC, KACHIGUDA HYDERABAD
Branch IFSC
SBIN0018359
Department
SAM BRANCH-2 HYDERABAD-18359