Property for Auction in Mandapeta, East Godavari, Andhra Pradesh
Auction ID:551340
Bank Name:Indian Overseas Bank
Branch Name:Tapeswaram Branch
Reserve Price:₹14,75,000
EMD:₹1,47,500
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 10:30 AM
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
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 No : 08855-232129