State Bank of India (RACPC, Autonagar, Mangalagiri) has taken physical possession of secured properties belonging to borrower Nerella Gangadhara Rao on 25-06-2026. The action follows non-payment of an outstanding balance of ₹15,91,189/- as of 24-03-2026, plus subsequent interest and expenses. The seized assets include extensive land parcels under Schedule-A and a premium apartment unit at Walnut Block, Rainforest Villas, Namburu, Guntur district under Schedule-B. The public is strongly cautioned against any transactions involving these properties. For legal and financial inquiries, contact the authorized bank officer at Mangalagiri, Guntur District-522503.