Land and Building for Auction Kolavennu Kakinada 10.8 Crore by Liquidation E Auction 07 Jul 2026
Kolavennu, Kakinada
Area: 2.87 acres
R S Nos: 612/2A, 612/2B & 613/1B, ZP Road, Kolavennu – 521 153, Kankipadu Mandal, Krishna District, Andhra Pradesh, India.
Liquidation E-Auction · Kakinada
Reserve price
₹10,79,29,000
EMD ₹1,07,92,900
Auction date
07 Jul 2026, 01:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2.87 acres
- ▸Locality: Kolavennu
- ▸Reserve: ₹10,79,29,000
- ▸EMD: ₹1,07,92,900
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Kolavennu |
| Built-up / plot area | 2.87 acres |
| Lender | Liquidation E-Auction |
| Branch | Kakinada |
| Unit / flat no. | R S Nos: 612/2A, 612/2B & 613/1B |
| Auction type | Liquidation Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kolavennu, Kakinada by Liquidation E-Auction — reserve price ₹10,79,29,000, 2.87 acres, Symbolic possession.
Discover a significant industrial investment opportunity with this e-auction property in Kolavennu, Kakinada, Andhra Pradesh. Offered by M/s. MAKRO CAST PRIVATE LIMITED (In Liquidation), this bank auction property includes a sprawling 2.87-acre land parcel, along with extensive industrial buildings like office, administrative, canteen, and various sheds (Pattern Shop, RM, Parting, Sand Plant, Foundry, Core, Shot Blasting, Toilet Block). The sale also features a comprehensive set of plant & machinery, including power supply equipment, sand plant, moulding machines, melting machines, and more. With a reserve price of ₹10,79,29,000 and an EMD of ₹1,07,92,900, this industrial unit for sale presents a rare chance for businesses or investors. The e-auction is scheduled for 2026-07-07, with inspection available until 2026-06-30. Buyers are advised to conduct due diligence as the property is offered on an 'As Is Where Is' basis. Contact Kantipudi Venkata Raju for further details on this valuable industrial property auction.
GeoSquare note: This is a substantial industrial property spread over 2.87 acres, complete with buildings and a wide range of plant & machinery, making it a turnkey solution for industrial operations. Its location in Kolavennu, Kakinada, in Andhra Pradesh, offers good potential for industrial growth. While sold on an 'As Is Where Is' basis, the comprehensive nature of the asset class (land, building, and machinery) and a competitive reserve price make it a strong investment for businesses looking to expand or establish new facilities. The e-auction process provides a transparent opportunity to acquire a significant industrial asset.
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