Land for auction 01 PROPERTY(Property - Mandapeta - East Godavari by Indian Overseas Bank

Property for Auction in Mandapeta, East Godavari, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mandapeta, East Godavari
Auction Date IconAuction Date:
26-08-2025 10:30 AM

Auction Details

Auction ID:551340

Bank Name:Indian Overseas Bank

Branch Name:Tapeswaram Branch

Reserve Price:14,75,000

EMD:1,47,500

Service Provider:BAANKNET

Important Dates

Submission Date:25-08-2025 05:00 PM

Bid Start Date:26-08-2025 10:30 AM

Property Description

This property, located in Mandapeta, East Godavari, Andhra Pradesh, consists of land and a building. Classified under the residential asset category, it was previously associated with M/s Hanuman Textiles. Situated in a key locality within East Godavari, this property offers potential for residential use or investment. Further details regarding the specific dimensions, condition of the building, and plot size will be available during the auction process or from the bank.

State:Andhra Pradesh

City:East Godavari

Area:Mandapeta

Asset Category:Residential

Auction Description

Indian Overseas Bank presents a SARFAESI auction for a Land and Building property in Mandapeta, East Godavari, Andhra Pradesh. The auction is for a residential asset, previously belonging to M/s Hanuman Textiles. The bidding starts on August 26, 2025, at 10:30 AM and concludes at 12:30 PM on the same day. The reserve price is set at ₹14,75,000, with an Earnest Money Deposit (EMD) of ₹1,47,500 required to participate. This is a prime opportunity to acquire property in a developed area.

Borrower Name:M/s Hanuman Textiles

Auction Type:SARFAESI Auction

Contact Details

Contact No : 08855-232129

Discover Similar Auctions

Videos