Property for Auction in Kakinada, East Godavari, Andhra Pradesh
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
Submission Date:20-08-2025 05:00 PM
Bid Start Date:21-08-2025 11:00 AM
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
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 Number:9390219317, 8925876329