Plant & Machinery for Auction in Kakuturu Villiage Venkatachalam Mandal Nellore, Nellore – SBI

Property Details

Property type

Plant & Machinery (Plant & Machinery)

Possession

Physical Possession

Locality

Kakuturu Villiage Venkatachalam Mandal Nellore

City

Nellore

State

Andhra Pradesh

Pincode

524320

Address

KAKUTURU VILLIAGE VENKATACHALAM MANDAL NELLORE, Andhra Pradesh, 524320 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB VIJAYAWADA-64267

Auction type

SARFAESI Auction

Borrower

CHANDU C***** F****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 04:00 PM

EMD submission deadline

15 Oct 2026, 03:59 PM

Inspection

24 Sep 2026, 10:00 AM – 14 Oct 2026, 04:00 PM

Authorised officer

L AMARNADH BABU

Officer contact

9885603986

E-auction portal

BAANKNET (Property ID SBIN077780123103)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 24 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN077780123103)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.