Property for Auction in Konaseema., Konaseema, Andhra Pradesh
Auction ID:597029
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM
Reserve Price:₹2,74,06,000
EMD:₹27,40,600
Service Provider:Public Auction
Submission Date:30-10-2025 04:00 PM
Bid Start Date:30-10-2025 12:00 PM
This is a prime commercial property located in the bustling area of Konaseema, Andhra Pradesh. Suitable for various business ventures, this asset offers significant potential for growth and investment in a developing region. The property is being auctioned by Union Bank of India.
State:Andhra Pradesh
City:Konaseema
Area:Konaseema.
Asset Category:Commercial
Union Bank of India is conducting a SARFAESI auction for a commercial property in Konaseema, Andhra Pradesh. The auction will take place on October 30, 2025, from 12:00 PM to 5:00 PM. The reserve price is ₹2,74,06,000, with an Earnest Money Deposit (EMD) of ₹27,40,600. This is a valuable opportunity to acquire a commercial asset through a transparent auction process.
Borrower Name:M/s Sri Lakshmi Kantha Boiled & Raw Rice Mill
Auction Type:SARFAESI Auction
Phone No : 0891-2537792/82 / 9324517291