Land for auction ADARSNAGAR Srikakulam, Srikakulam by City Union Bank

Property for Auction in Srikakulam, Srikakulam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Srikakulam, Srikakulam
Auction Date IconAuction Date:
11-08-2025 11:00 AM

Auction Details

Auction ID:543494

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:16,00,000

EMD:1,60,000

Service Provider:Public Auction

Important Dates

Submission Date:13-08-2025 05:00 PM

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

Property Description

This offering is for a residential land parcel located in Srikakulam, Srikakulam district, Andhra Pradesh. The property is being auctioned by City Union Bank under the SARFAESI Act. It presents an excellent opportunity for development or investment. Situated in a well-connected locale, this land is ideal for various residential purposes. The auction is a legally mandated process to recover dues from the borrower, M/s. Sri Annapurna Agro Farms Industry.

State:Andhra Pradesh

City:Srikakulam

Area:Srikakulam

Asset Category:Residential

Auction Description

City Union Bank is conducting a SARFAESI auction for a valuable plot of land in Srikakulam, Andhra Pradesh. The property is associated with M/s. Sri Annapurna Agro Farms Industry. The auction has a reserve price of INR 16,00,000 and requires an Earnest Money Deposit (EMD) of INR 1,60,000. This is a prime opportunity to acquire land in a developing area. The auction will take place on August 11, 2025, from 11:00 AM to 1:00 PM.

Borrower Name:M/s. Sri Annapurna Agro Farms Industry

Auction Type:SARFAESI Auction

Contact Details

Contact Telephone No.08942-228311, Cell No.9397826316

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