Property for Auction in Sarpavaram., Kakinada, Andhra Pradesh
Auction ID:504646
Bank Name:Union Bank of India
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,07,00,000
EMD:₹10,70,000
Service Provider:BAANKNET
Submission Date:29-05-2025 05:00 PM
Bid Start Date:30-05-2025 12:00 PM
This auction features a residential flat located in Sarpavaram, Kakinada, within the East Godavari District of Andhra Pradesh. The property comprises a site of 2662 Sq Yards (0.55 Acres) with documented boundaries including East: Property devolved upon the 4th executant herein, West: NFCL Pipe line Road, North: Land belonging to Lakshmi, Srivijaya, Gayathri, and South: Land belonging to Bassa Satyaveni. The property's legal history is noted through Doc No: 4775/1979, Doc No. 4800/2015, and MODT Vide Doc No. 1997/2018.
State:Andhra Pradesh
City:Kakinada
Area:Sarpavaram.
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential flat in Sarpavaram, Kakinada, Andhra Pradesh. The property is located in East Godavari District, Kakinada Rural Mandal, Sarpavaram Village. The site consists of an extent of 2662 Sq Yards or Ac.0.55 Cents of land with specific boundaries mentioned. The auction is managed by BAANKNET and the reserve price is ₹10,700,000.00 with an EMD of ₹1,070,000.00. The auction will be held on May 30, 2025, from 12:00 PM to 05:00 PM. The borrower is M/s. Sri Varalakshmi Rice & General Stores.
Borrower Name:M/s. Sri Varalakshmi Rice & General Stores
Auction Type:SARFAESI Auction
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