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Guntur Branch [0150], #4-3-34, Behind Hindu College G.T.Road, Guntur – 522003

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Guntur Branch [0150], #4-3-34, Behind Hindu College G.T.Road, Guntur – 522003 GUNTUR BRANCH [0150], #4-3-34, BEHIND HINDU COLLEGE G.T.ROAD, GUNTUR – 522003 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 property/ies mortgaged/charged to Union Bank of India (e-Corporation Bank), Guntur Branch, Guntur the physical possessions of which has been taken by the Authorised Officer of Union Bank of India (e-Corporation Bank), Guntur Branch, Guntur will be sold on "As is where is","As is what is" and "Whatever there is" on 18-11-2020, for recovery of outstanding dues and other expenses due to Union Bank of India (e-Corporation Bank), Guntur Branch, Guntur from the following Borrowers and Guarantors. Last Date for submissionof Bids:17-11-2020. The Reserve Price and Earnest Money Deposit will beas under. Borrower/s:1. M/s Sri Venkateswara Cotton Ginning Mill Represented by: Prop: Movva Radha Krishna 8/215/4/a, c/o anjani cotton pvt ltd. ananthavarappadu road, etukuru, guntur-522017. 2. movva radha krishna s/o m. bhujanga rao, d.no: 10-64-13, ware house road, chenchupeta, tenali, guntur – 522201. Guarantors: 1. Mr. Kondaveeti Srinivasa Rao, S/O China Raja Rao, flat no: 401, svr mysonet, 4/2 chandramouli nagar guntur. 2. Sri Chodavam Pandu Ranga Rao S/O Narayana Rao, 11-4-646/b/101flat no.101 raasi hills view apts a c guards opp: pti buildg red hills, khairatabad, hyderabad 500004. 3. Smt. Chodavam Vijaya Lakshmi,W/O Pandu Ranga Rao, 11-4-646/b/101,flat no.101 raasi hills view apts a c guard opp: pti buildg red hills, khairatabad hyderabad 500004. Amount Outstanding:Rs 4, 23, 29, 461.25/- (Rupees Four Crore Twenty Three Lakh Twenty Nine thousand Four Hundred Sixty One and Paise Twenty Five only) as on 03.04.2019along with further interest at contracted rate from 04.04.2019 and other expenses. 1. Description of The Property:Guntur District, Guntur sub District , Guntur Municipal Corporation area (Guntur city ,Old Guntur ,Balaji Nagar , 5th Lane as per Government records Movva ari Veedhi Locality) Guntur Village D. No 683/2, L.P.No 183/64 Plot NOs 79 & 80 RCC Roof Daba Standing in the name of Movva Radha Krishna. East: Municipal Road -------36 Ft West : Property of Talluru Linga Reddy ---36 Ft North: Property of Soma Chalamaiah, etc --64’-4” South Property of Byra Sathyanarayana ----64Ft Within these boundaries an extent of 256.33 sq yds. or 214.33 Sq.mts with RCC Roof Daba House. Reserve Price: Rs. 82,00,000/- Earnest Money Deposit:Rs.8,20,000/- Bid Increment: Rs. 25,000/- 2. Description of The Property:Krishna District ,Vijayawada Sub District in Penamaluru Revenue Mandal in Kanuru Panchayath in Kanuru Village Re-Survey No .214 in which house Plot no.28, Door No 10-78, Tulasi nagar 3rd Lane Kanuru Admeasuring an extent of 276.77 sq.yds. or 231.292 sq.mts .RCC Roof Building Standing in the name of Chodagam Pandu Ranga Rao East: Plot No.23 of Yalamanchili Ravi Kiran -47ft West : 33 ft. wide Road --47 ft North: Plot No. 27 of S. Lavanya -53ft South: Plot No .29 of Bobba sarojini -53 ft Within these boundaries an extent 276.77 sq yds. or 231.292 Sq.mts wit RCC Roof Daba. Reserve price : Rs.1,30,00,000/- Earnest Money Deposit: Rs. 13,00,000/- Bid Increment: Rs. 25,000/- 3. Description of The Property:Guntur Dist Guntur Zilla Praja Parishath , Mangalagiri Sub District Tadepalli Mandal in Vaddeswaram Panchayath in Vaddeswaram Village D.No.8-2-B, Plot No.14, of Vaddeswaram Village Tadepalli Mandal an entent of 339 sq.yds or 282.977 sq.mts site Standing in the name of Chodagam Vijaya Lakshmi. East: 24 ft. wide joint Road --62 ft West Site of Plot No.7 of B. Ravi -60 ft North: Site of Plot No. 13 of Sitarama Rao --50 Ft South: Vendors site –50 Ft Within these boundaries an extent 339 sq .yds or 282.977 Sq.mts site only. Reserve price : Rs. 54,00,000/ Earnest Money Deposit: Rs. Rs.5,40,000/- Bid Increment: Rs. 25,000/- 4. Description of The Property:Krishna District ,Gudiwada Sub District, Pedaparupudi Village Panchayath area in Pedaparupudi Village Re-Survey No 210/5,Assessment No 563 Pedaparupudi Village Door No .1-45A vendor has a right an extent of 605 sq.yds site along with RCC daba House standing in the name of Movva Radha Krishna. East: Site of punukollu Arjuna Rao West : Site of Alluru Nagaratnam. North: Site of Punukollu Raja Rao South: Poramboke site by the site of Panchayath Bazar. Within these boundaries an extent of 605 sq .yds or 505.84 Sq.mts site along with two RCC Daba Houses with all other amenities. Reserve price : Rs.61,00,000/ Earnest Money Deposit: Rs.Rs.6,10,000/- Bid Increment: Rs. 25,000/- 5. Description of The Property:Guntur district, Nallapadu sub District Chinapalakaluru Village Sivar , Mallavaram Village Panchayath area in Chinapalakaluru Village D.No.191/A with an extent of AC 2.80 cents land which is made into plots and Plot No.9 an extent of 1374.83 sq.yds site standing in the name of Kondaveeti Srinivasa Rao. East: Site of plot No. 10 gifted by donor to donee---125 Ft West : 60 Ft wide Road ----125 Ft North: Plot No. 30 Ft wide Road --93 Ft South: Site of Plot No 6 –105’-6” Within These boundaries an extent of 1374.83 sq. yds or 1149.53 Sq.mts site only Reserve price : Rs. 48,00,000/ - Earnest Money Deposit: Rs.4,80,000/- Bid Increment: Rs. 25,000/- 6. Description of The Property:Guntur district, Nallapadu sub District Chinapalakaluru Village Sivar , Mallavaram Village Panchayath area in Chinapalakaluru Village D.No.191/A with an extent of AC 2.80 cents land which is made into plots and Plot No. 7 & 8 an extent of 1865.13 sq.yds site standing in the name of Movva Radha Krishna. Plot No. 8 East: 30 Ft wide Road –52 Ft West Site of Plot No.7 –52 Ft North: Site of Plot No.7 –114 Ft South: Site of Plot No.3 --125’-3:” Within these boundaries an extent of 676.97 sq .yds or 566.03 Sq.mts site only. PLOT No 7 East: 30 Ft wide Road 30’-00” West Site of plot NO.6 82’-09” North: Site of Plot No.11 & 12 206’-00” South: Site of Plot No 8 114’-00” Again East: Site of Plot NO.8 524’-00” Again South : Site of Plot No .3 93’-00” Total Extent of the Site : 676.97+1188.16 =1865.13 Sq.yds or1559.48 Sq .mts Reserve price : Rs. 65,00,000/ - Earnest Money Deposit: Rs.6,50,000/- Bid Increment: Rs. 25,000/- For detailed terms and conditions of the sale, please refer to the link provided in Union Bank of India (e-Corporation Bank) website i.e. www.unionbankofindia.co.in.The E-auction will be conducted through e-auction Portal: www.bankeauctionwizard.comM/s_ANTARESSYSTEM LIMITED #24,Sudha Complex, 3rd Stage, 4th Block, Basaveswaranagar, Bangalore- 560079 Helpline No’s: 080-49352000, 9686196753/55/56 Contact Person : Manohar.S E-Mail Id:[email protected] the best information and knowledge of the Authorized Officer, there is no encumbrance on the property. The interested bidder may contact the AUTHORISED OFFICER Mr. Guggilam Srinivasa Rao ascertaining the details of auction and inspection of property on the date mentioned as above Contact No.9912703928.Mail Id:[email protected] STATUTORY 15 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. Date: 27.10.2020 Place: Guntur Sd/- Authorised Officer, Union Bank Of India(e-Corporation Bank), Guntur Branch. .
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