Plot for auction 1 Gandepalli, East Godavari by Indian Bank

This auction features a residential plot located in Gandepalli, within the East Godavari district of Andhra Pradesh. The property was mortgaged by M/s. Sri Ushodaya Developers to Indian Bank. It is categorized as a residential asset, offering potential for construction or investment. The location in Gandepalli, East Godavari, provides access to local amenities and infrastructure. This plot represents a solid opportunity for buyers looking to invest in real estate in the region.

Indian Bank is conducting a SARFAESI auction for a residential plot in Gandepalli, East Godavari, Andhra Pradesh. This is a bank auction of mortgaged property. The reserve price is ₹8,00,000, with an Earnest Money Deposit (EMD) of ₹80,000 required to participate. The auction will be held on August 20, 2025, from 10:00 AM to 4:00 PM. This is a prime opportunity to acquire property in a developing area. Don't miss out on this bank sale.