Commercial Property for auction Yerravaram Kakinada 14 lakh Union Bank of India

A prime commercial property located in Kakinada, East Godavari, Andhra Pradesh. This asset, owned by Mr. Gonthireddy Veera Venkata Satyanarayana, is being auctioned by Union Bank of India under SARFAESI regulations. Situated in a key commercial area, this property offers excellent potential for business ventures. Its strategic location in Kakinada, a rapidly developing city in Andhra Pradesh, makes it an attractive investment opportunity for discerning buyers seeking commercial real estate.

Union Bank of India presents a SARFAESI auction for a commercial property in Kakinada, East Godavari, Andhra Pradesh. The auction commences on October 30, 2025, at 12:00 PM and concludes at 5:00 PM on the same day. The reserve price for this commercial asset is INR 13,92,000, with an Earnest Money Deposit (EMD) of INR 1,39,200. This is a significant opportunity to acquire a commercial property in a growing region of Andhra Pradesh. Interested parties are advised to review all auction terms and conditions provided by the bank.