Property for Auction in Akiveedu, West Godavari, Andhra Pradesh
Auction ID:583067
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹9,09,000
EMD:₹90,900
Service Provider:BAANKNET
Submission Date:27-09-2025 05:00 PM
Bid Start Date:29-09-2025 11:00 AM
This auction features a valuable plot of land located in Akiveedu, West Godavari, Andhra Pradesh. The property is categorized as residential land and is being offered by the State Bank of India. Ideal for development or investment, this asset presents a unique opportunity in a developing region. The land is situated in a key area within West Godavari, offering potential for future growth and appreciation.
State:Andhra Pradesh
City:West Godavari
Area:Akiveedu
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential land parcel in Akiveedu, West Godavari, Andhra Pradesh. The auction will take place on 29-09-2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is ₹9,09,000, with an Earnest Money Deposit (EMD) of ₹90,900 required. This is a direct sale opportunity from the bank, formerly mortgaged by M/s Sri Padmaja Traders.
Borrower Name:M/s Sri Padmaja Traders
Auction Type:SARFAESI Auction
Contact Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager), Mobile No. 80994 44378,