IndustrialUpcoming auctionVerified listing
Industrial in Rajam
Rajam
Reserve price
₹2.04 Cr
Auction date
12 Mar 2026
1:00 PM
EMD deadline
17 Dec 2025
6:00 PM
Bid increment
₹50,000.00
Location details
Property Address
Garrajuchipurupalli, Rajim, Srikakulam Dist
City: Rajam
District: Vizianagaram
State: Andhra Pradesh
Pin Code: 532127
Country: India
Nearest Airport / Railway Station / Bus Stand
24-01-2018
Auction timeline
Auction starts
12 Mar 2026 at 1:00 PM
Auction ends
12 Mar 2026 at 2:00 PM
EMD submission deadline
17 Dec 2025 at 6:00 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
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.15 Cr
Property Identifiers
Bank Property ID
CNRB13591MARUTHI
Collateral ID
98358066003
Property Images
Price history
8 previous auctions₹2,15,00,000.00
12 Jan 2026
Industrial
Canara BankPossession: Physical₹2,15,00,000.00
18 Dec 2025
Industrial
Canara BankPossession: Physical₹2,22,00,000.00
29 Aug 2025
Industrial
Canara BankPossession: PhysicalBorrower & Loan details
Borrower Name
M/s. Maruthi Cotton Mills Pvt Ltd
Registered Address of Borrower
Rep. by its Director Sri. Patchala Srinivasa Rao
S/o P Siva Sankara Rao, S.No.172/4, 172/5 & 172/6 of Garrajuchipurupalle, Rajam Mandal, Srikakulam District, Andhra Pradesh – 535128.
Owner
M/s Maruthi Cotton Mills Pvt Ltd
Ownership of Property
Borrower
NPA Amount
₹5.80 Cr
NPA Date
16 Oct 2017
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
98358066003
Customer ID
98358066
Possession Dates
Physical
24 Jan 2018
Additional details
Description
Vacant Land to an extent of Ac.0.58 cents in S.No172/4, Ac.0.26 cents in S.No.172/5 and Ac.0.63 cents in S.No.172/6 with a total extent of Ac.1.47 cents or 0.588 Hectors or 7114.80 sq yds with a single plot along with super structure constructed there upon situated at Garrajucheepurupalli revenue village and panchayat in Rajam Mandal, Srikakulam District, PIN-535128 with the following boundaries viz.,
East - Vacant Land of Dharmana Suseela and Road.
South - Vacant Land of Chelikani Subhadra, Saibu and etc.
West - Vacant Land of Dharmana Leelavathi
North - Vacant Land of Ponnada Suryanarayana, Nemmadi Chandrakala and Others.
EMD Schedule
EMD Start
23 Feb 2026
5:12 PM
EMD Deadline
11 Mar 2026
6:00 PM
Payment Deadline
17 Dec 2025
Inspection Schedule
Inspection Start
05 Mar 2026
10:00 AM
Inspection End
05 Mar 2026
4:00 PM
Officer Details
Authorized Officer
SATYANARAYANA TATIKONDA
Authorised Officer - Scale - IV - CM
Dealing Officer
P JYOTHI PRAKASH
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
98358066003
Property ID
CNRB13591MARUTHI
Nearby Amenities
Nearest Station
24-01-2018
Property Images
Canara Bank
Verified seller
Branch: SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
IFSC: CNRB
Bank contact
+91 97054 15611+91 91004 72578
Branch Address
D NO.30-15-141, I FLOOR,PAVAN COMMERCIAL COMPLEX, MAIN ROAD DABA GARDENS,VISAKHAPATNAMBranch IFSC
CNRB0013591Department
SPECIALIZED ARM BRANCH VISAKHAPATNAM-II