Property for Auction in Srikakulam, Srikakulam, Andhra Pradesh
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
Submission Date:13-08-2025 05:00 PM
Bid Start Date:11-08-2025 11:00 AM
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
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
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