Plot for auction 70 SRO, Limits, Kakinada, East Godavari by Axis

This auction features a residential plot located in Kakinada, East Godavari, Andhra Pradesh. Situated in a developing area, this plot offers excellent potential for residential construction. Kakinada is a major city in Andhra Pradesh known for its industrial and economic growth. The property is being auctioned by Axis Bank under SARFAESI Act proceedings due to a default by the borrower, SRI ADABALA ADINARAYANA. The plot is an asset category of residential property, providing a solid investment opportunity for buyers looking to build their home or for future development.

Axis Bank presents a SARFAESI auction for a residential plot in Kakinada, East Godavari, Andhra Pradesh. The auction for the property belonging to SRI ADABALA ADINARAYANA will commence on August 30, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at 1,06,56,000.00, with an Earnest Money Deposit (EMD) of 10,65,600.00 required to participate. This is a prime opportunity to acquire a plot in a sought-after location.