Property for Auction in Rajahmundry, East Godavari, Andhra Pradesh
Auction ID:548625
Bank Name:City Union Bank
Branch Name:kumbakonam
Reserve Price:₹17,00,000
EMD:₹1,70,000
Service Provider:Public Auction
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:00 AM
A residential plot located in Rajahmundry, East Godavari district of Andhra Pradesh. This property is being auctioned by City Union Bank under SARFAESI Act provisions. The asset was formerly associated with M/s. Rajendra Paper Corporation. The plot offers a potential investment or development opportunity in a well-known area of Andhra Pradesh. Interested parties should review all auction terms and conditions, and inspect the property as per the bank's guidelines.
State:Andhra Pradesh
City:East Godavari
Area:Rajahmundry
Asset Category:Residential
City Union Bank presents a SARFAESI auction for a residential plot in Rajahmundry, East Godavari, Andhra Pradesh. The auction will be held on August 19, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹17,00,000, with an Earnest Money Deposit (EMD) of ₹1,70,000 required. This is an opportunity to acquire property through a bank auction, previously mortgaged by M/s. Rajendra Paper Corporation. Prospective bidders are advised to conduct their own due diligence regarding the property's legal status and physical condition before participating.
Borrower Name:M/s. Rajendra Paper Corporation
Auction Type:SARFAESI Auction
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