20 cent Property for Auction in Anantapur – DRT

Property Details

Property type

Others (Others)

Possession

Not specified

Area

20 cent (≈ 8,712 sq ft)

Locality

—

City

Anantapur

State

Andhra Pradesh

Pincode

515661

Address

ffi @ SALE PROCLAMATION - CUM - E-Auction GOVERNMENT OF INDIA, MINISTRY OF FINANCE, DEPARTMENT OF FINANCIAL SERVICES DEBTS RECOVERY TRIBUNAL-2 . AT HYDERABAD 1sr Fooor, Triveni Complex, Abids, HYDERABAD - 5OO OOl. Ph: 040-24756467. RP No.298/202s Date: 20.08.2026 PB9_CLAJIAT|ON OF SALE UNpER RULES 38.52(2) OF SECONp SCHEpULE TO BANKS AND FINANCIAL INSTITUTIONS ACT. 1993. (CH l) Union Bank of lndia (E-Corporation Bank) Bathalapalli Branch, Ananthapur Dist., Anantapur Andhra Pradesh. (CD 1) Panchala Ganga Naidu S/o Panchala Venkatappa, H. No.2/'l 0, Obulapuram Village, Ananth apur51 567 2 (CD 2) Mr J Purushothama Chowdary S/o J Satyanarayana, Male, Major, Bathalapalli, Anantapur, Andhra Pradesh -515661 Three Hundred Twenty Three And paise Sixty Five Only ) interest and cost payable as per Recovery Certificate issued Officer, DRT (less amount already recovered, if any) from Another. NOTICE is hereby given that in the absence of any o said property shall be sold on A7 i0.2026 by e-auction and place through "Online Electronic Bidding,' th httos:/lbaanknet.com by the Service provider "pSB A Certificate Debtors WHEREAS a Recovery Certificate bearing Rp No. Z9gl202S dated 31.08.2019 was issued by the Hon'ble presiding officer, Debts Recovery Tribunal- ll, Hyderabad, under Sec.19(22) of the Recovery of Debts Due to 6anks and Financial lnstitutions Act, 1993. WHEREAS the undersigned initiated recovery proceedings in Rp No. 2}A2A2S for recovery of { 53,43,323.65 ( Rupees Fifty Three Lak View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Debts Recovery Tribunal

Branch

DEBTS RECOVERY TRIBUNAL HYDERABAD(DRT 2)

Auction type

DRT Auction

Borrower

—

Auction start

07 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

Recovery Officer, Hyderabad DRT

Officer contact

—

E-auction portal

DEBTS RECOVERY TRIBUNAL HYDERABAD(DRT 2)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (DEBTS RECOVERY TRIBUNAL HYDERABAD(DRT 2)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 7 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.