Property for Auction in Kakinada, East Godavari, Andhra Pradesh
Auction ID:586676
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹39,00,000
EMD:₹3,90,000
Service Provider:BAANKNET
Submission Date:14-10-2025 05:00 PM
Bid Start Date:15-10-2025 12:00 PM
A prime plot of land located in Kakinada, East Godavari, Andhra Pradesh. This residential plot offers a fantastic opportunity for development or investment in a rapidly growing area. The property is being auctioned by Union Bank of India as part of a SARFAESI action. Ideal for individuals or developers looking to acquire land in a desirable location.
State:Andhra Pradesh
City:East Godavari
Area:Kakinada
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential plot in Kakinada, East Godavari, Andhra Pradesh. The auction begins on October 15, 2025, at 12:00 PM and concludes at 5:00 PM on the same day. The reserve price for this property is ₹39,00,000, with an EMD of ₹3,90,000 required to participate. This is a legal auction to recover dues from M/s. Sri Varalakshmi Rice & General Stores.
Borrower Name:M/s. Sri Varalakshmi Rice & General Stores
Auction Type:SARFAESI Auction
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