POSSESSION NOTICE (RULE 8(1)) (FOR IMMOVABLE PROPERTY)
Jun 24, 2026 • Maryam Begum • Legal Announcements / Legal Notices
Source:
The Hans India
THE GAYATRI CO-OPERATIVE URBAN BANK LTD., BHONGIR BRANCH
BHONGIR, YADADRI BHONGIR DISTRICT, TELANGANA STATE
Whereas the undersigned, being the Authorized Officer of The Gayatri Co-Operative Urban Bank Ltd., Bhongir Branch, under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Act 54 of 2002), and in exercise of powers conferred under Section 13(2) read with Rule 3 of the Security Interest (Enforcement) Rules, 2002, issued a demand notice dated 10-09-2025 calling upon the borrower Sri Ande Naresh, S/o Swamy, R/o H. No. 1-5-152/A, Sanjeev Nagar, Bhongir Mandal, Yadadri Bhongir District, to repay a sum of Rs. 12,66,054.00 (Rupees Twelve Lakhs Sixty-Six Thousand Fifty-Four Only) together with interest, costs, and incidental expenses within 60 days from the date of receipt of the notice.
The borrower having failed to comply with the said demand notice, the Authorized Officer hereby takes possession of the immovable property described below under Section 13(4) of the Act read with Rule 8 of the said Rules on 18-06-2026.
The borrower/guarantor and the public in general are hereby cautioned not to deal with the below-mentioned property, and any such dealings will be subject to the charge of The Gayatri Co-Operative Urban Bank Ltd., Bhongir Branch for the outstanding amount of Rs. 12,66,054.00 together with further interest, costs, and expenses.
DESCRIPTION OF IMMOVABLE PROPERTY
All that part and parcel of the house bearing No. 1-5-152/A, consisting of RCC Ground Floor and First Floor, admeasuring an area of 109.50 sq. yds. (equivalent to 91.55 sq. mtrs.), situated at Hanuman Wada, Sanjeeva Nagar, Bhongir, Yadadri Bhongir District, Telangana State, standing in the name of Sri Andhe Naresh, S/o Swamy.
BOUNDARIES:
North: Road
South: Plot of P. Chandra Mohan
East: House of Andhe Swamy
West: 30 ft wide road
Place: Bhongir
Date: 18-06-2026
Sd/-
Authorized Officer
The Gayatri Co-Operative Urban Bank Ltd.,
Bhongir Branch