Property for Auction in Samalkot, Kakinada, Andhra Pradesh
Auction ID:448198
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM
Reserve Price:₹95,00,000
EMD:₹9,50,000
Service Provider:BAANKNET
Submission Date:27-02-2025 05:00 PM
Bid Start Date:28-02-2025 12:00 PM
Vacant land at East Godavari District, Kakinada Rural Mandal, SRO-Samalkot limits, Thimmapuram Gram panchayat and Village, previously Zerayath dry land and presently converted to Industrial land at Survey No 318/4 from out of an extent of Ac1.27 cents, an extent of Ac 0.50 Cents or 0.202 Hect. But as per the physical existent of Ac 0.47 cents and bounded by: (Sale Deed No-1039/2002 dated 07.05.2002): East: landed property of Rao Krishnarao, West: Landed of Kongu Venkateswara Rao, North: Landed property of Donee, Kongu Victor Rajaratnam, South: Vacant land of Others
State:Andhra Pradesh
City:Kakinada
Area:Samalkot
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for vacant land located in Thimmapuram Gram panchayat and Village, Samalkot, Kakinada Rural Mandal, East Godavari District, Andhra Pradesh. The property, previously dry land and now converted to industrial land, is situated at Survey No 318/4, covering an extent of Ac 0.50 Cents (0.202 Hectares), with a physical existent area of Ac 0.47 cents. The land is bounded by properties of Rao Krishnarao (East), Kongu Venkateswara Rao (West), Donee Kongu Victor Rajaratnam (North), and others (South). The auction will take place on February 28, 2025, from 12:00 PM to 5:00 PM. The reserve price is INR 9,500,000.00, with an Earnest Money Deposit (EMD) of INR 950,000.00. The borrower is M/s Vijaya Fly Ash Brick Industry.
Borrower Name:M/s Vijaya Fly Ash Brick Industry
Auction Type:SARFAESI Auction
Contact No : 0891-2537792/2537782, 9324517291