Chandramouli Nagar Branch (Previously SME Branch), D.No.4-18-29, JNR Heights , JNR Road, Opp to DON BASCO School, 5th & 6th Lanes Middle, Chandramouli Nagar,GUNTUR-522006 , Tel No.0863-2355245 E-Auction Sale Notice E-auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rules,2002 Notice is hereby given to the public in general and in particular to the Borrower(s) and Guarantor(s) that the below described immovable properties mortgaged/charged to erstwhile Andhra Bank, now Union Bank of India Chandramouli Nagar Branch, the constructive/physical possession of which has been taken by the Authorized Officer of Union Bank of India(e Andhra Bank), Chandramouli Nagar Branch, will be sold on “As is Where is”, “As is what is” and “Whatever there is” basis on 19.08.2020, for recovery of below mentioned dues as on respective dates given below for each account along with further interest at contracted rate and other expenses due to Union Bank of India (e Andhra Bank), Chandramouli Nagar Branch, from the following Borrowers and Guarantors as per the details given below. Name of the Borrowers & s. Short description of Immovable Properties Reserve Price (Rs) EMD (Rs) No. Guarantors Borrowers : M/s. Satya Sai Cotton Company, Represented by its Property No.1: EM of All that part and parcel of the Property consisting Rural Residential Proprietor: Mrs.Kunisetty Aparna W/o.K.Mallikarjuna Rao, Head Office: D Land belonging To Mrs. Kunisetty Aparna, W/o.K. Mallikarjuna Rao situated at Plot No.133 1 No.9-12-1, Old Post Office Bazaar, Narayanapuram, Nadikudi , Guntur Dist. PIN- (LP No.9/2005/GNT ) in D No.307/D, 307/D1 of Lam Village, Rajiv Township, Opp: Chalapathi 16,20,000/- 1,62,000/- 522414, Branch Office: M/s. Satya Sai Cotton Company, Represented by its Engineering College, Amaravathi Road, Lam Village, Tadikonda Mandal, Guntur Dist. site Proprietor: Mrs.Kunisetty Aparna, W/o.K. Mallikarjuna Rao, C/o Himabindu extent 200 Sq. yards and bounded by Boundaries of Property: East : Plot No. 170 - 34’, Commercial Corporation, S.No.64/1, Mahalakhsmipuram, Etukuru Road, West : 33’ feet wide Road - 34’, North : Plot No.134 - 53’, South : Plot No.132 - 53’ Near Mahalakhsmi Temple, Guntur- PIN-522003, Guarantors & Mortgagor : Property No. 2: EM of all that part and parcel of the Property consisting Rural Residential Mrs.Kunisetty Aparna W/o.K. Mallikarjuna Rao, D No.4-5-29/66, First Floor, 16,20,000/- 1,62,000/- Sudarsan Enclave, 4th line, Vidyanagar, Guntur - 522007, 2. Mr. Bypureddy Land belonging to Mrs. Kunisetty Aparna W/o Mallikarjuna Rao situated at D No.311/B of Madhava Rao, S/o. Rama Mohan Rao, D No.5-44-20/A, 6th line,10th Cross Lam Village, Plot No.10 Rajiv Township, Opp: Chalapati Engineering, Amaravathi Road, Lam Road, Brodipet, Guntur 522002. Village, Tadikonda Mandal, Guntur Dist. site extent 200 Sq. yards and bounded by Boundaries Total Amount Dues : Rs.82,03,041.05 (Rupees Eighty Two Lakhs Three of Property: East: Plot No. 170- 34’, West: 33’ feet wide Road - 34’, North: Plot No.134 - 53’, Thousand Forty one and five Paisa Only) as on 30.06.2020 along with further South: Plot No.132- 53’ interest at contracted rate from 01.07.2020 Borrowers : M/s SOUTHERN COTTON TRADING COMPANY, D.No.13- Property - 1: EM of All that part and parcel of the Property consisting Land belonging to 2 95, South Bazar, Ravinuthala Village, Kornepadu Mandal, Prakasam District, Mr. Chimmiri Hanumantha Rao S/o. Narasaiah situated at Pernamitta Village Panchayat, D Pin - 523213, Guarantor/Mortgagor: 1 : Mr. Chimmiri Hanumantha Rao, No.142/2 in which Plot No.80, Santha Nuthalapadu Sub District, Prakasam Dist. To the Extent 27,00,000/- 2,70,000/- S/o Narasaiah, Ravinuthala Village, Kornepadu Mandal, Prakasam Dist, of 400 Sq. yards and bounded by Boundaries of Property: East: Property belongs to Alla PIN - 523213, 2 : Mr. Karusala Gurubabu, D.No.19-35, Ravinuthala Village, Kornepadu Mandal, Prakasam Dist. PIN - 523213, Guarantor 3 : Smt.Chimmiri Lalitha Kumari , Plot No.2 - 50’, West : Property belongs to Kala Venkata Alivelu, Plot No.83 Vasundhara, W/o. Ch. Hanumantha Rao, Ravinuthala Village, Kornepadu - 72’, North: 45 feet wide Road - 50’, South: Property belongs to Annangi Narasimharao - 70’ Mandal, Prakasam Dist, PIN - 523213. Total Amount Dues : Rs.2,53,19,869.66 (Rupees Two Crores Fifty Three Lakhs Nineteen Thousand Eight Hundred Sixty Nine and Sixty Six Paisa Only) as on 30.06.2020 along with further interest at contracted rate from 01.07.2020 Borrowers : M/s. Sri Sai Balaji Cotton Traders, Rep by its Propri- Property No. 1: EM of All that part and parcel of the Property consisting of Vacant site 3 etor : Mrs.Kinnera Venkata Seshamma, 62/5, Sri Raja Sekhara Ginning admeasuring 847 Sq. yards belonging to Mr. Kinnera Ravi Kumar Reddy S/o. Eswara Reddy Mill,Unit 2 Simhapuri Estate , Etukuru Road, Guntur.522003, Proprietrix : situated at D.No.324/1, of Etukuru, Near Bye Pass Road, adjacent to Tirumalachari Colony, 38,11,000/- 3,81,100/- Mrs.Kinnera Venkata Seshamma, W/o.Dayakara Reddy, D No.25-12-107, Etukuru, Guntur. (Doc No.6345/2014 dt. 05-06-2014) Bounded by Boundaries of Property: 9th line, Srinivasa Rao Thota, Guntur-522004, Mortgagors & Guarantor : 1. Mr.Kinnera Ravi Kumar Reddy, S/o. Eswara Reddy, 25 -11- 107, 5th line, East : Property belongs to Kinnera Ramesh Reddy - 90’09”, South : Poranboka Place - 84’, Srinivasa Rao Thota, Guntur., 2. Mr.Kinnera Venkateswara Reddy, S/o. West : Property belongs to Kinnera Venkateswara Reddy - 90’09” - North : Circar Donka - 84’ Eswara Reddy, Dr No 25 -11 -107, 5th line, Srinivasa Rao Thota, Guntur- Property No. 2: EM of All that part and parcel of the Property consisting of Vacant site 522004, Guarantor : 3. Mr.Kinnera Dayakara Reddy, S/o. Eswara Reddy, admeasuring 847 Sq. yards belonging to Mr. Kinnera Venkateswara Reddy S/o.Eswara Reddy D No. 25 -11-107, 9th Lane, Srinivasarao Thota, Guntur-522004 situated at D.No.324/1, of Etukuru, Near Bye Pass Road, adjacent to Tirumalachari Colony, Total Amount Dues : Rs.84,33,132.00 (Rupees Eighty Four Lakhs Thirty Etukuru, Guntur.(Doc No.6346/2014 dt. 05-06-2014) bounded by : Boundaries of Property: 38,11,000/- 3,81,100/- Three Thousand One Hundred Thirty Two only) as on 30.06.2020 along East : Property belongs to Kinnera Ravi Kumar, Reddy - 90’09”, South : Poranboka Place - with further interest at contracted rate from 01.07.2020 84’, West : Property belongs to Kinnera Dayakara Reddy - 90’09”, North : Circar Donka - 84’ Borrowers : M/s Sri Venkateswara Traders, represented by its Property No. 1: Item 1 : - All that part and parcel of the Property consisting of Residential Land 4 Proprietor Mr. Tripuraneni Venkaiah Chowdary S/o. Late Chowdarai- and Building belonging to Mr.Tripuraneni Rajendra Prasad S/o.Chowdaraiah situated at Guntur ah D No. 65-1, Annapurna Nagar, Amaravathi Road, Guntur 522 034, Dist, Nallapadu Sub District, Guntur Municipal Corporation area, Nallapadu Grama D.No.244/A2, 1,19,94,000/- 11,99,400/- Guarantors/ Mortgagor : 1. Mr.Tripuraneni Venkaiah Chowdary an extent of Ac.1.74 Cents out of which an extent of 440 Sq. Yards in it an extent of 221.5 Sq. Yards S/o. Late Chowdaraiah, D No.2-13-39/A, Main Road, Sri Krishnade- constructed D No.2-13-39A. Old Municipal Asst. No.1700/491, New Municipal Asst. No.7326, tiled varaya Nagar, Stambalagaruvu, Guntur 522 007, 2. Mr.Tripuraneni house is Bounded by : Boundaries of property: East : Property of T Venkaiah Chowdary - 54.8, Rajendra Prasad S/o. Late Chowdaraiah, D No.2-13-39/A, Main feet, South : Property of Bandarupalli SrinivasaRao 36.3 feet, West : Municipal Road - 54.8 feet, Road, Sri Krishnadevaraya Nagar, Stambalagaruvu, Guntur - 522 North : 40 feet wide Road - 36.6 feet, 007, 3. Mrs.Tripuraneni Rama Tulasamma, W/o. Late Chowdarai- Item No 2 : - All that part and parcel of the Property consisting of Residential Land belonging to ah, D No.2-13-39/A, Main Road, Sri Krishnadevaraya Nagar, Stam- Mr. Tripuraneni Venkaiah Chowdary S/o. Chowdaraiah situated at Guntur Dist, Nallapadu Sub balagaruvu, Guntur - 522 007. District, Guntur Municipal Corporation area, Nallapadu Grama D.No.244/A2, an extent of Ac.1.74 Total Amount Dues : Rs.2,71,68,415.85 (Rupees Two Crore Seventy Cents out of which an extent of 440 Sq. Yards in it an extent of 218.5 Sq. Yards site, D No.2-13- One Lakhs Sixty Eight Thousand Four Hundred Fifteen and Eighty 39A. Old Municipal Asst. No.1700/491, New Municipal Asst. No.7326 is bounded by Boundaries Five paisa Only) as on 30.06.2020 along with further interest at of Property: East : Aditya Divyanka Apartments - 54.8, feet, South : Property of Bandarupalli contracted rate from 01.07.2020 Srinivasa Rao - 36.3 feet, West : Property of T.Rajendra Prasad - 54.8, feet, North: 40 feet wide Road - 36.6, feet, Total of Item No.1 & Item 2 consists of 440 sq.yards site, with Tiled House Auction Date : 19-08-2020 Last Date for Submission of Bids : 18-08-2020 For detailed terms and conditions of the sale, please refer to the link provided in Union Bank of India website i.e. www.unionbankofindia.co.in. To the best information and knowledge of the Authorized Officer, there is no encumbrance on the Property. The interested bidder may contact the AUTHORISED OFFICER Sri Ram Babu Edara ascertaining the details of auction and inspection of Property on the date mentioned as above contact Tel No.0863-2355245,2355244, e-mail id: [email protected] STATUTORY 30 DAYS SALE NOTICE UNDER RULE 8(6)/Rule 9(1) OF SECURITY INTEREST (ENFORCEMENT) RULES 2002 This may also be treated as notice u/r 8(6)/Rule 9(1) of security Interest (Enforcement) Rules, 2002 to the borrower/s and guarantor/s of the said loan about the holding of E-auction Sale on the above mentioned date. Place : Guntur, Date : 14-07-2020 Sd/- Authorised Officer, UNION BANK OF INDIA, Chandramouli Nagar Branch (Previously SME Branch), Guntur.