Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613608
Bank Name:SMFG India Home Finance Company Limited
Branch Name:Corporate Office: Mumbai
Reserve Price:₹27,80,000
EMD:₹2,78,000
Auction Time:11:00 AM to 01:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-08
Bid Start Date:2025-12-09
Property Description
This auction features a parcel of land located in the Hukumpeta area of Rajahmundry, Andhra Pradesh. The property is categorized as residential and is being auctioned by SMFG India Home Finance Company Limited under the SARFAESI Act. This is a prime opportunity to acquire land in a developing region.
State:Andhra Pradesh
City:Rajahmundry
Area:Hukumpeta
Asset Category:Residential
Full Address:Royal Town, Hukumpeta Village, Hukumpeta Gram Panchayat, East Godavari Dist, Andhra Pradesh, Hukumpeta, Rajahmundry
Building/Society:Royal Town
Size:6766 Sq Yards
Auction Description
SMFG India Home Finance Company Limited is conducting a SARFAESI auction for a residential land parcel in Hukumpeta, Rajahmundry, Andhra Pradesh. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this auction is ₹27,80,000, with an Earnest Money Deposit (EMD) of ₹2,78,000 required. Don't miss this opportunity to bid on this valuable asset.
Borrower Name:Abdul Abid
Auction Type:SARFAESI Auction
Guarantor Names:Abdul Saheb Janu
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Hukumpeta, Rajahmundry, combined with the potential of the Royal Town project, makes it a strong investment. The reserve price appears reasonable given the land size and inclusion of a 2BHK flat. The auction terms are standard, making it an attractive opportunity for potential buyers.
Contact Details
Branch:Branch Office : Corporate Office: Mumbai
Service Provider:Public Auction
Contact Details:
Kaanoori Uma Shankar, Mr. Niloy Dey
Contact no:9848102052
