Property for Auction in Kadapa, Kadapa, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609367
Bank Name:ICICI Bank
Branch Name:Regional Office
Reserve Price:₹1,20,00,000
EMD:₹12,00,000
Bid Increment:₹1,00,000
Auction Time:10:00 AM to 11:00 AM
Service Provider:disposalhub.com
Submission Date:2025-11-17
Bid Start Date:2025-11-18
This auction features a substantial industrial shed located in Kadapa, Andhra Pradesh, a key area within the city of Kadapa. The property is classified under the 'Industrials' asset category, making it suitable for a variety of commercial or manufacturing ventures. The auction is being conducted by ICICI Bank under the SARFAESI Act. This is a prime opportunity to acquire a significant industrial asset in a developing region. The shed offers ample space and potential for business expansion. The borrower associated with this property is M/s Oren Hydrocarbons Private Limited. Don't miss this chance to invest in a strategically located industrial property.
State:Andhra Pradesh
City:Kadapa
Area:Kadapa
Asset Category:Industrials
Full Address:Gangarajapuram Village, Railway Kodur Mandal, Kadapa District, Andhra Pradesh, Gangarajapuram Village, Kadapa
Size:1.80 Acres
ICICI Bank presents a SARFAESI auction for an industrial shed in Kadapa, Andhra Pradesh. The auction will commence on November 18, 2025, at 10:00 AM and conclude at 11:00 AM on the same day. The reserve price for this valuable asset is ₹1,20,00,000, with an Earnest Money Deposit (EMD) of ₹12,00,000 required to participate. This auction is a unique opportunity to acquire an industrial property under the provisions of the SARFAESI Act. Interested bidders are encouraged to review all auction terms and conditions. Secure your bid for this promising industrial shed in Kadapa.
Borrower Name:M/s Oren Hydrocarbons Private Limited
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rizwan Ahmad, Mrs. Sayeeda Ahmad
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is an industrial shed in Kadapa, offered at a reserve price of ₹12000000.0. The location may present logistical challenges, but the price point and auction terms make it a calculated risk for investors familiar with the area's industrial market.
Branch:Branch Office : Regional Office
Service Provider:disposalhub.com
Contact Details:
Authorized Officer
Contact no:9940656723