Land for auction 3 Sq. Yds Samalkot, Kakinada by Canara Bank

This auction features a parcel of land located in Samalkot, within the Kakinada district of Andhra Pradesh. The property is categorized as residential land. It is part of a SARFAESI auction conducted by Canara Bank. The asset was previously associated with M/s KGOC Terminals Privat Ltd. The land offers potential for development or investment in a developing region of Andhra Pradesh.

Canara Bank presents a SARFAESI auction for land in Samalkot, Kakinada, Andhra Pradesh. This is a unique opportunity to acquire valuable land. The reserve price is INR 2,40,00,000, with an Earnest Money Deposit (EMD) of INR 24,00,000. The auction is scheduled for August 29, 2025, from 10:30 AM to 11:30 AM. This property is being auctioned due to the default by the borrower, M/s KGOC Terminals Privat Ltd.