Land for auction 540 Some Extent:, Kakinada, East Godavari by City Union Bank

Property for Auction in Kakinada, East Godavari, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Kakinada, East Godavari
Auction Date IconAuction Date:
21-08-2025 11:00 AM

Auction Details

Auction ID:550949

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:32,00,000

EMD:3,20,000

Service Provider:Public Auction

Important Dates

Submission Date:20-08-2025 05:00 PM

Bid Start Date:21-08-2025 11:00 AM

Property Description

A prime plot of land located in Kakinada, within the East Godavari district of Andhra Pradesh. This residential land offers a significant opportunity for development or investment in a growing urban area. Situated in a well-connected region, the property provides accessibility and potential for future appreciation. The land is being auctioned by City Union Bank under the SARFAESI Act. The property is categorized as residential land.

State:Andhra Pradesh

City:East Godavari

Area:Kakinada

Asset Category:Residential

Auction Description

City Union Bank presents a SARFAESI auction for a residential land parcel in Kakinada, East Godavari, Andhra Pradesh. This is an opportunity to acquire valuable land in a sought-after location. The reserve price is INR 32,00,000, with an Earnest Money Deposit (EMD) of INR 3,20,000 required. The auction will be conducted online on August 21, 2025, from 11:00 AM to 12:00 PM. This auction is part of the recovery process under SARFAESI Act for the property belonging to Mr. Villa Subba Rao. Interested bidders are advised to review all auction terms and conditions before participating.

Borrower Name:Mr. Villa Subba Rao

Auction Type:SARFAESI Auction

Contact Details

Contact Number:9390219317, 8925876329

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