Property for Auction in East Godavari, East Godavari, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610650
Bank Name:Central Bank of India
Branch Name:Regional Office
Reserve Price:₹3,59,76,000
EMD:₹35,97,600
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:2025-11-29
Bid Start Date:2025-11-29
This is a prime plot of land located in the East Godavari region of Andhra Pradesh. The property is being auctioned by the Central Bank of India under SARFAESI regulations. Situated in the vibrant city of East Godavari, this residential plot offers excellent potential for development. Its strategic location provides good connectivity and access to local amenities. This is a unique opportunity to acquire a valuable asset in a developing area.
State:Andhra Pradesh
City:East Godavari
Area:East Godavari
Asset Category:Residential
Full Address:D.No.6-118, Pothavaram village, Nallajerla Mandal, East Godavari District-534176, Pothavaram, East Godavari
Size:4.08 cts
Central Bank of India is conducting a SARFAESI auction for a residential plot in East Godavari, Andhra Pradesh. The auction is scheduled for November 29, 2025, from 11:00 AM to 4:00 PM. The reserve price for this asset is ₹3,59,76,000, with an Earnest Money Deposit (EMD) of ₹35,97,600 required. This auction presents a significant opportunity for investors and individuals looking to purchase property in the East Godavari district. Don't miss this chance to bid on a valuable plot of land.
Borrower Name:Sri Manda Krishna Rao
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Manda Sreedevi, Mr. Manda Satyanarayana, Mr. Manda Nageswara Rao, Mr. Manda Lingeswara Rao, M/s. Sri Krishna Poultry Farm
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a plot of land with existing poultry infrastructure, offering potential for agricultural or redevelopment purposes. The location in East Godavari is a developing area. The recommendation is a 'Calculated Opportunity' due to the need for due diligence regarding the existing structures and local market conditions.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:6304906626