Land for auction West Godavari by BOI

This offering features a substantial parcel of land located in Kalla, within the West Godavari district of Andhra Pradesh. Classified under the residential asset category, this land presents a versatile investment opportunity. While the borrower is M/s. Maruthi Constructions, the property is now available through a SARFAESI auction conducted by the Union Bank of India. The site's location in Kalla, West Godavari, offers potential for development and strategic growth. Further details regarding the specific dimensions and zoning of the land will be available to interested bidders.

Union Bank of India invites bids for a SARFAESI auction of valuable land in Kalla, West Godavari, Andhra Pradesh. The auction will be held on August 29, 2025, from 12:00 PM to 5:00 PM. This is a prime opportunity to acquire a significant land parcel. The reserve price is ₹12,63,00,000, with an Earnest Money Deposit (EMD) of ₹1,26,30,000 required to participate. The property is being auctioned due to the borrower, M/s. Maruthi Constructions, defaulting on their loan obligations. Don't miss this chance to invest in a key location.