STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH-II, HYDERABAD H.No. 3-4-1013/A, 1st Floor, CAC, TSRTC Bus Station, Kachiguda, Hyderabad-500 027. E-mail: [email protected] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES [Under Rule 8(6) of Security Interest {Enforcement} Rules] 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 Borrowers and Guarantors that the below described immovable properties mortgaged/charged to the Secured Creditor, the Symbolic possession of which have been taken by the Authorised Officer of State Bank of India, the Secured Creditor, will be sold on “As is Where is”, “As is What is” and “Whatever there is” basis on 30.10.2019, for recovery of Rs. 28,64,77,013.36 (Rupees Twenty eight crores sixty four lakhs seventy seven thousand thirteen paisa thirty six only) as on 03.09.2019 along with future interest from 04.09.2019 at the contractual rate and incidental charges, due to the secured creditor from Panyam Cements & Mineral Industries Limited and (1) Shri. Sajjala Sridhar Reddy, S/o S V Lakshmi Reddy, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh. (2) Shri. Vemuri Suresh Sastry, S/o V Sastry, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh. (3) Smt. Vemuri Aravinda Rani, W/o Suresh Sastry, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh. (4) Smt. S. Parvathi, W/o S P Y Reddy, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh., and Legal heirs of Late Shri. SPY Reddy (1) Smt. Sannapureddy Parvathi, (2) Smt. Vemuri Aravinda Rani, (3) Smt. Sajjal Sujala. The reserve price will be Rs. 6,55,00,000/- and the earnest money deposit will be Rs. 65,50,000/-, the later amount to be deposited with the Bank on or before 28.10.2019. IMMOVABLE PROPERTIES MORTGAGED PROPERTY NO.1: E.M of Open Land bearing Survey No: 619, 627, Udumalpuram, Nandyal, Kurnool, Andhrapradesh, Admeasuring Total Area: Ac 7.08 Cents Belongs to Shir. Vemuri Suresh Kumar Sastry duly registered with DR, Nandyal vide Document No. 2255/2009 and bounded by: East : Property belongs to Jwala Terumaleswara Rao, South : Property belongs to Subramanyam, West : Inam Land of Sri Kesava Swamy, North : Property belongs to Kasireddy Remireddy. Reserve Price Rs. 1,35,00,000/- ; EMD: Rs. 13,50,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.2: E.M of Open Land bearing Survey No: 618, Udumalpuram, Nandyal, Kurnool, Andhrapradesh, admeasuring Total Area: Ac 4.24 Cents Belongs to Shir. Sannapureddy Parvathi, duly registered with DR, Nandyal vide Document No. 3748/2010 and bounded by: East : Property belongs to Tangeda Dora, South : Property belongs to S.Sujala, West : Inam Land of Sri Chenna Kesava Swamy, North : Property belongs to S.Sujala. Reserve Price Rs. 81,00,000/- ; EMD: Rs. 8,10,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.3: E.M of Open Land bearing Survey No: 664 & 668/1, Udumalpuram, Nandyal, Kurnool, Andhrapradesh, admeasuring Total Area: Ac 4.28 Cents Belongs to Smt. Vemuri Aravinda Rani, duly registered with DR, Nandyal vide Document No. 1330/2012 and bounded by: East : Road, South : Property belongs to Balayya & Other in S.No. 663 & 624, West : Property belongs to Badipedda, North : Property belongs to Joy Leeladhar. Reserve Price Rs. 2,18,00,000/- ; EMD: Rs. 21,80,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.4: E.M of Residential Land bearing Survey No: 542/B, Moolasagaram, Nandyal, Kanrool Dist, Andhra Pradesh, admeasuring Total Area: Ac 0.05 Cents Belongs to Sri. Sajjala Sridhar Reddy, duly registered with SRO, Nandyal vide Document No. 3806/2004 and bounded by: East : Site sold by Gopi Reddy to Others, South : Vagu, West : Property belongs to A Nagireddy, North : Road. Reserve Price Rs. 23,00,000/- ; EMD: Rs. 2,30,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.5: E.M of Residential Land bearing Survey No: 322, Plot Nos. 33 & 34, Rythunagar, Nandyal, Karnool District, Andhra Pradesh, admeasuring Total Area: 266.66 Sq.Yards Belongs to Smt. Vemuri Aravinda Rani, duly registered with DR, Nandyal vide Document No. 4542/2012 and bounded by: East : 20 ft Road, South : Plot No. 35, West : Plot Nos 14 & 15, North : Plot No. 32. Reserve Price Rs. 22,00,000/- ; EMD: Rs. 2,20,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.6: E.M of Residential Land bearing Survey No: 317, Plot No: 344, Rythunagar, Nandyal, Karnool District, Andhra Pradesh, admeasuring Total Area: 266.66 Sq.Yards Belongs to Smt. Vemuri Aravinda Rani, duly registered with DR, Nandyal vide Document No. 4541/2012 and bounded by: East : 40 ft Road, South : Plot No. 345, West : Plot Nos 328, North : Plot No. 343. Reserve Price Rs. 22,00,000/- ; EMD: Rs. 2,20,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.7: E.M of Commercial open Land bearing Survey No: 569/A, Moolasagaram, Nandyal, Karnool Dist, Andhra Pradesh, admeasuring Total Area: Ac 0.07 ½ Cents Belongs to Sri. Sajjala Sridhar Reddy, duly registered with DR, Nandyal vide Document No. 5706/2010 and bounded by: East : Property belongs to SPY Reddy, South : Road, West : Property belongs to Aasula Ranga Reddy, North : Property belongs to Chaakali People & Saheb People. Reserve Price Rs. 46,00,000/- ; EMD: Rs. 4,60,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.8: E.M of Open Land bearing Survey No: 508, Udumalapuram, Nandyal, Karnool Dist, Andhra Pradesh admeasuring Total Area: Ac 2.94 Cents Belongs to Sri. Sajjala Sridhar Reddy, duly registered with DR, Nandyal vide Document No. 4955/2010 and bounded by: East : Property belongs to Bommana Sudhakar Reddy, South : Property belongs to Kamma Manohar, West : Property belongs to Kamma Venkateswarlu, North : Property belongs to Manda Nagi Reddy. Reserve Price Rs. 56,00,000/- ; EMD: Rs. 5,60,000/-; Auction Time: 11.00 AM to 12.00 Noon PROPERTY NO.9: E.M of Residential Plot bearing Survey No: 565, Municipal No. 27-287A, Bommalasatram, Nandyal, Karnool Dist, Andhra Pradesh, admeasuring Total Area: 463.38 Sq.Yards Belongs to Smt. Vemuri Aravinda Rani, duly registered with DR, Nandyal vide Document No. 7161/2012 and bounded by: 1st Item: Building with Cement sheets situated in Kurnool District, Nandyal Registration and Sub Registration District and within the municipal limits of Nandyal Town and the details are furnished as hereunder: Boundaries: East : 2nd Item Property, West : Building of Pedda Ismail, North : Building of Pedda Ismail Saheb, South : Road Measurements: East – West : 19 ½ ft, North – South : 24 ft, 2nd Item: To the East of 1st Item. Boundaries: East : Building of Abdul Munaf Naik, West : First item property, North : Building of Shaik Hussain Peera, South : 3rd Item Property Measurements: East – West : 40 ½ ft, North – South : 64 ¾ ft, 3rd Item: Open Site Boundaries: East : Open site of Abdul Munaf ,West : Road, North : 2nd item property South : Karnool to Kadapa Road, Measurements: East – West : 18 ft, North – South : 60 ft. Reserve Price Rs. 52,00,000/- ; EMD: Rs. 5,20,000/-; Auction Time: 11.00 AM to 12.00 Noon Date of E-Auction: 30.10.2019 Please note that last date for payment of EMD in respect of above properties is on or before 28.10.2019 up to 5.00 P.M. EMD Deposit through EFT/NEFT/RTGS Transfer in favour of “SBI, Stressed Assets Management, Hyderabad Remittance Branch to the credit of A/c.No.35754767051 with SBI, SAM Branch-II, Kachiguda, Hyderabad, Branch Code 18359, IFSC Code - SBIN0018359. Inspection of properties With prior appointment with bank officials before 28.10.2019 within working hours. For any clarifications or further details regarding other conditions of sale, the intending bidders may contact the Authorised Officer, State Bank of India, Stressed Assets Management Branch II, Hyderabad – 500 027. Phone No.040-29806751, Mobile No. 8688851234 / 9423461105, bidders can also contact Bank's approved Resolution Agent, Shri U. Ajay Mob. No. 9618768999. They may also contact the Bank's approved service provider, M/s C1 India Pvt. Ltd., Building 301, Udyog Vihar, Phase-2, Gulf Petrochem Building, Gurgaon, Haryana-122015, https://www.bankeauctions.com, Help Line +91-124-4302020/21/22/23/24, +91-9700333933, email ID: [email protected] and [email protected], prior to the date of e-auction. For detailed terms and conditions of the sale, please refer to the link provided in State Bank of India, the Secured Creditor's website https://bank.sbi / www.sbi.co.in and also at the web portal https://www.bankeauctions.com of the service provider, M/s C 1 India Pvt Ltd. NOTE: Successful bidders should deposit 25% of bid amount (including EMD) by same day or next working day and balance payment within 15 days from the date of e-auction. Date: 04.09.2019, Place: Hyderabad. Sd/- Authorized Officer, State Bank of India, SAMB-II, Hyderabad. Size : 12 x 28.