Property for Auction in Sompeta, Srikakulam, Andhra Pradesh
Auction ID:549734
Bank Name:Union Bank of India
Branch Name:Regional Office : Srikakulam
Reserve Price:₹12,00,000
EMD:₹1,20,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This residential property, located in the growing area of Sompeta, Srikakulam, Andhra Pradesh, consists of Land and a Building. It is offered for sale by the Union Bank of India through a SARFAESI auction. The property presents a potential opportunity for development or personal use in a key region of Andhra Pradesh. Prospective bidders are advised to conduct their own due diligence regarding the property's specifics and legal status.
State:Andhra Pradesh
City:Srikakulam
Area:Sompeta
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a valuable Land and Building property in Sompeta, Srikakulam, Andhra Pradesh. This is an opportunity to acquire an asset previously mortgaged by Mr. Korikana Veeraswamy. The auction will take place on August 14, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹12,00,000, with an Earnest Money Deposit (EMD) of ₹1,20,000 required to participate. Don't miss this chance to invest in a promising location.
Borrower Name:Mr. Korikana Veeraswamy
Auction Type:SARFAESI Auction
Contact no:08947-235040