Property Type:
Location:
Auction Date:Auction Details
Auction ID:547189
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹59,40,000
EMD:₹5,94,000
Service Provider:BAANKNET
Important Dates
Submission Date:10-08-2025 05:00 PM
Bid Start Date:11-08-2025 11:00 AM
Property Description
This offering is for a parcel of land located in Kakinada, East Godavari, Andhra Pradesh. The property is being auctioned by the State Bank of India under the SARFAESI Act, formerly belonging to Shri Kokkirimetia Lakshmana Rao. This residential land presents a potential development opportunity in a sought-after region. The clear title and strategic location make it an attractive prospect for buyers looking to invest in real estate within East Godavari district.
State:Andhra Pradesh
City:East Godavari
Area:Kakinada
Asset Category:Residential
Auction Description
State Bank of India presents a SARFAESI auction for land in Kakinada, East Godavari. This is a prime opportunity to acquire a valuable plot in Andhra Pradesh. The auction has a reserve price of ₹59,40,000 and an Earnest Money Deposit (EMD) of ₹5,94,000. The auction will be conducted on August 11, 2025, starting at 11:00 AM and concluding at 4:00 PM. Don't miss this chance to invest in a developing area. Contact the State Bank of India for further details.
Borrower Name:Shri Kokkirimetia Lakshmana Rao
Auction Type:SARFAESI Auction
Contact Details
Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager), Mobile No.80994 44378
