Industrial Land for Auction Penukonda West Godavari 49 Crore by State Bank of India 29 Jun 2026
Penukonda, West Godavari
Industrial Park Penukonda, Village-Penukonda, District-Anantapuramu, Pin-515110, Andhra Pradesh
State Bank of India · Stressed Assets Recovery Branch-I
Reserve price
₹48,96,00,000
EMD ₹4,89,60,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Penukonda
- ▸Reserve: ₹48,96,00,000
- ▸EMD: ₹4,89,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land · Industrials |
| Locality | Penukonda |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch-I |
| Building / society | Industrial Park Penukonda |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Industrial Land bank auction in Penukonda, West Godavari by State Bank of India — reserve price ₹48,96,00,000, Symbolic possession.
Bank auction property! Industrial land for sale in Ponugonda, West Godavari, Andhra Pradesh. Seize the opportunity to acquire a valuable industrial land parcel through SBI e-auction. The property is located in Industrial Park Penukonda, with Survey Numbers 85-1, 85-2, 87, 86-1, 72-2, 72-3 & 85-4, including a building. Reserve price is ₹489600000.0, and EMD is ₹48960000.0. E-auction date is 2026-06-29. Contact Rajesh Kandharkar at 9049757700 for property-related queries. Don't miss out on this industrial investment opportunity!
GeoSquare note: The property is an industrial land located in Andhra Pradesh, available through bank auction. The reserve price is high, but the location in an industrial park could be advantageous. The symbolic posession adds a layer of risk, making it a fair option for investors with a long-term perspective.
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