Residential Auction in Ongole | State Bank of India Auction

Property details

Property Type

Residential

Description

Loan A/c: SARB Vijayawada | Demand Notice: 26-07-2018 | Outstanding: Rs. 11,20,06,107.54 as on 03.05.2018 + interest & costs | Possession Date: Physical | Bid Increment: Rs. 20,000 | EMD Last Date: Pre-bid EMD before close of e-auction | Inspection: 15-09-2026 to 04-10-2026, 10:00 AM-4:00 PM | Platform: https://baanknet.com (PSB Alliance); pre-bid EMD via PSB Alliance before close of auction; helpline 8291220220 (05-10-2026, 11:00 AM-4:00 PM) | Encumbrance/Litigation: Sold 'without recourse'; not stated further

Area

4060 sqft

Possession

physical

Locality

Ongole

Full Address

Ongole Municipal Area, Ongole Town, Survey No. 234/1, 2, Door No. 8-348/2, S.C. No. 3437, 23436 (settlement property, Sale Deed 4361/2006 dt 30-06-2006, Ongole SRO) in name of Smt. Divi Harini, Prakasam Dist. East: Koonam Seethamma (58 ft); South: road 20 ft wide (70 ft); West: property sold by Maddi Venkateswarlu (58 ft); North: Shimakolli Raghavayya & others (70 ft)

Pincode

523001

Bank & auction terms

Auction ID

AX-0ZSCLC2

Bank / Authority

State Bank of India

Reserve Price

₹ 2,20,00,000

EMD Amount

₹ 22,00,000

Auction Date

05 Oct 2026

Auction Time

11:00

Borrower Name

M/s Jagadheswari Tobacco Ltd (MD Smt. Divi Harini); Smt. Divi Harini; Sri Ganta Tarakaraja Ram; Sri Dumpa Venkateswara Reddy; Smt. Seelamsetty Madhavi; legal heirs of Vankayalapati Nageswara Rao

Bank Contact Details

Sri P. Shravan Kumar, Chief Manager, SBI SARB Vijayawada, 81217 65159 / 77082 27771

Auction documents

• Sale noticesale noticeDownload