Land for auction EAST Part of Elakolanu Villa, Biccavole, East Godavari by BOI

This auction features industrial land measuring approximately 13.98 acres located in Elakolanu Village and Panchayat, East Godavari District, Andhra Pradesh. The land is situated at S.No. 2, Part, 3/1 Part, 3/2 Part, 7/1 Part, 7/2 Part, along Kanavaram Road in Biccavole. The property is described across multiple sale deeds dating from October to November 2008. The boundaries are detailed for each registered sale deed, indicating adjacent properties and roads. The land is classified under the residential asset category, but specified as industrial land for the purpose of this auction.

Union Bank of India is conducting a SARFAESI auction for a piece of industrial land totaling Ac. 13.98 cents in Elakolanu Village & Panchayat, Kanavaram Road, Biccavole, East Godavari District, Andhra Pradesh. The property is owned by M/s. Sowbhagya Ispat India Pvt. Ltd. The auction will take place on May 30, 2025, from 12:00 PM to 5:00 PM. The reserve price is INR 2,90,50,000 and the Earnest Money Deposit (EMD) is INR 29,05,000. For further details, contact the Asset Recovery Management Branch at 0891-2537792 / 2637782 or mobile 9324517291.