Property for Auction in Pamarru, Krishna, Andhra Pradesh
Auction ID:554212
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch
Reserve Price:₹1,31,00,000
EMD:₹13,10,000
Service Provider:BAANKNET
Submission Date:09-09-2025 05:00 PM
Bid Start Date:10-09-2025 11:00 AM
This property is a parcel of land located in Pamarru, within the Krishna district of Andhra Pradesh. Classified under the residential asset category, this land offers potential for various development purposes. It is being auctioned by the State Bank of India under the SARFAESI Act due to existing loan default by the borrower, M/s. Sri Sai Namitha Bharat Gas Distributors. The property's location in Pamarru provides access to local amenities and infrastructure.
State:Andhra Pradesh
City:Krishna
Area:Pamarru
Asset Category:Residential
State Bank of India invites sealed bids for a SARFAESI auction of land in Pamarru, Krishna, Andhra Pradesh. The auction will be held on September 10, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 1,31,00,000, with an Earnest Money Deposit (EMD) of INR 13,10,000 required. This is a prime opportunity to acquire land in a developing area. All interested parties are encouraged to participate and submit their bids within the stipulated timeframe.
Borrower Name:M/s. Sri Sai Namitha Bharat Gas Distributors
Auction Type:SARFAESI Auction
Contact Number : 8291220220