See the bidding rules below for increments and extensions
Earnest money (EMD)
₹15,00,000, 10% of the reserve
Official source
Prasaditya ARC listing 244907 on bankeauctions.com
Last verified
3 Nov 2026
Compiled from Prasaditya ARC Limited’s listing 244907 and its linked sale documents on bankeauctions.com, checked on 3 Nov 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
On the numbers
What the “₹1.50 Cr reserve” means
What Prasaditya ARC’s sale documents say
The reserve is ₹1,50,00,000, with an EMD of ₹15,00,000. The published submission deadline is 27 Nov 2026, 5:00 PM IST. The highest bid is subject to acceptance under the sale notice.
What BiddingPulse covers
The property, dates, possession, participation requirements, payments and material risks in the linked sale documents, read on 3 Nov 2026. Any conflict or missing detail is identified below. This is not a title or occupancy verification. Names of borrowers and other people are left out.
Auction summary
Source: Prasaditya ARC listing on bankeauctions.com; lender’s sale documents
Prasaditya ARC Limited is selling land and building in Jaggamagaripeta, Andhra Pradesh. Its sale notice doesn’t establish whether the lender’s possession is physical or symbolic. The property is security for a loan, and the lender is selling it under the SARFAESI Act, 2002, which lets a lender sell a defaulted loan’s security without going to court.
The reserve is ₹1,50,00,000 and the notice EMD is ₹15,00,000. Submission closes 27 Nov 2026, 5:00 PM IST. The online auction is scheduled for 30 Nov 2026, 11:00 AM–11:30 AM IST. See the bidding rules below for increments and extensions.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Auction & payment timeline
Source: Prasaditya ARC listing on bankeauctions.com; lender’s sale documents; SARFAESI sale rules
Stage
Date
What it means
Source
Platform press date
22 Oct 2026
Publication date shown by the official listing. First coverage is dated separately.
Listing 244907
Listing seen
3 Nov 2026
First seen on bankeauctions.com
Listing 244907
Inspection
In the sale notice
The listing sets no date; the notice says whether and when you can visit
Sale notice
Registration and EMD close
27 Nov 2026, 5:00 PM IST
Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction
Listing 244907
Online auction
30 Nov 2026, 11:00 AM–11:30 AM IST
See the bidding rules below for bid increments, extensions and any conflicting instructions.
Read the requirements and risks from this lot’s sale documents, checked on 3 Nov 2026. Follow the lender’s originals and any later amendment before paying.
Sale documents
What exactly is being sold?
Land and buildings in two adjoining portions, 1.50 acres and 0.24 acre, Revenue Survey 120, Jaggamagaripeta, Samalkot, Kakinada district, Andhra Pradesh; the notice uses the former East Godavari district name.
The 1.50-acre portion has Punta road to the north and the 0.24-acre portion to the south; the 0.24-acre portion has the adjoining scheduled land to the north and Cheruvu Garbham to the south. The notice discloses pending DRT Visakhapatnam SA 168/2022.
Pending SA 168/2022 is expressly disclosed. Its current outcome and effect on transfer require independent verification.
Personal names left out for privacy.
Sale documents
Which land records identify the holdings?
Use these identifiers to match the property to the lender’s notice.
View allHide 2 schedule entries
Northern portion
1.50 acres in Revenue Survey 120; north Punta road, south the adjoining 0.24-acre portion.
Southern portion
0.24 acre in Revenue Survey 120; north adjoining scheduled land, south Cheruvu Garbham.
What are the reserve price and EMD for this land and building?
The reserve is ₹1,50,00,000 and the earnest-money deposit (EMD) is ₹15,00,000. The published submission deadline is 27 Nov 2026, 5:00 PM IST. The online auction is a separate event; follow the notice’s payment and document instructions.
Who can bid for this land and building, and how do I register?
Register on the auction portal, remit 10% EMD by NEFT/RTGS and supply attested PAN, identity/address proof and signed Annexures II/III. The pack also requires Annexure IV training confirmation to the officer/provider and immediate Annexure V confirmation from the successful bidder, followed by the hard copy.
Submitted offers cannot be withdrawn or made conditional; an authorised representative must be disclosed.
Does the bank have possession, and can I inspect it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing gives no inspection date. Ask Prasaditya ARC’s authorised officer before you pay the EMD.
What do I pay if my bid is accepted?
Pay 25% of the accepted price, including EMD, on the sale day or the next working day. Pay the remaining 75% within 15 days of confirmation; any extension rests with the authorised officer.
Default can forfeit EMD and amounts paid. Unsuccessful EMD is returned within seven working days without interest.
The certificate is issued in the bidder’s disclosed name(s), not a later nominee.
What other charges or claims could I face?
The buyer bears stamp duty, registration and transfer costs, applicable taxes, municipal and utility dues and other liabilities affecting the property. Verify title, access, permitted use and outstanding charges independently before bidding.
What are the withdrawal, payment and sale risks?
The sale is on as-is terms and remains subject to the authorised officer’s acceptance. The lender may reject bids, postpone or cancel the sale under its notice.
Possession wording is not a guarantee of vacant access or clear title. The property-specific annexure discloses pending litigation.
Its case references take priority over generic statements that no encumbrance is known; verify current orders and any restraint before bidding.
What are the bidding rules?
Bids rise in increments of ₹100,000. The scheduled closing time may extend under the notice’s late-bid rules.
Check the latest notice and any amendments before paying. Follow the registration, payment and bidding instructions above and in the lender’s documents. BiddingPulse accepts no registrations, deposits or bids.