Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609941
Bank Name:ICICI Bank
Branch Name:Branch Office : Cochin
Reserve Price:₹9,20,00,000
EMD:₹92,00,000
Auction Time:10:30 AM to 11.30 AM
Service Provider:disposalhub.com
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
A prime parcel of land located in Amalapuram, Andhra Pradesh, offered for auction by ICICI Bank. This residential land presents a significant investment opportunity in a developing area. Ideal for future residential projects or development. Situated in the heart of Amalapuram, it boasts excellent connectivity and accessibility.
State:Andhra Pradesh
City:Amalapuram
Area:Amalapuram
Asset Category:Residential
Full Address:SY No. 79/3-2, 79/15, 79/8, Perithelmanna Village, Perinthelmanno Taluk, Malapuram District 679322, Perithelmanna Village, Malapuram
Size:47020 Sq. ft
Auction Description
ICICI Bank presents a SARFAESI auction for a valuable land parcel in Amalapuram, Andhra Pradesh. The auction will be held on November 21, 2025, from 10:30 AM to 11:30 AM. The reserve price is ₹9,20,00,000, with an Earnest Money Deposit (EMD) of ₹92,00,000 required to participate. This is a unique chance to acquire a substantial piece of real estate through a transparent auction process.
Borrower Name:M/s National Steel
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Subin Joseph, Mr. Joby Raphel
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large land parcel located in Perithelmanna Village, Malapuram, presenting a calculated opportunity for development. While the reserve price is substantial, the size and location offer potential for appreciation. Due diligence is recommended to assess local market conditions and development feasibility.
Contact Details
Branch:Branch Office : Branch Office : Cochin
Service Provider:disposalhub.com
Contact Details:
Contact no:9655225532
