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Industrial Plot with Factory Building for sale in Industrial Park Penukonda Village…

Penukonda, Ananthapuramu, Andhra Pradesh – 515110

State Bank of India · SAMB MUMBAI-04107

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹37,26,00,000
EMD
₹3,72,60,000
Bid increment
₹2,00,000

This is the 4th auction of this property. The reserve price is 10% lower than at the last auction (₹41,40,00,000 on 19 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property22 Oct 2026, 2:00 PM – 22 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 2:45 PM
  3. Auction27 Oct 2026, 11:00 AM – 3:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹37,26,00,000-10.0%Upcoming
19 Sep 2026₹41,40,00,000-10.0%Closed
5 Aug 2026₹46,00,00,000-6.0%Closed
29 Jun 2026₹48,96,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,72,60,000
Rest of 25% when you win (same or next day)
₹5,58,90,000
Balance 75%, usually within 15 days
₹27,94,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.86 Cr – ₹2.98 Cr

You may bid above the reserve in steps of ₹2,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Industrial · Industrial Plot with Factory Building
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
All that piece and parcel of Industrial land bearing Survey Numbers:- 85-1, 85-2, 87, 86-1, 72-2, 72-3 and 85-4 together admeasuring 45.17 acers with building thereon situated at Industrial Park Penukonda, Village-Penukonda, District-Anantapuramu, Pin-515110, Andhra Pradesh, Owned by M/s Renex Industries Pvt Ltd (formerly known as M/s Swathi Sunsource Power Private Ltd.)
Borrower
RENEX INDUSTRIES PRIVATE LIMITED

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