Shed for auction Gangarajapuram Village Kadapa 1 Cr ICICI Bank

Property for Auction in Kadapa, Kadapa, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
1.80 Acres
Reserve Price
1,20,00,000
Reserve Price
1,20,00,000
EMD Required
12,00,000
Property Specifications
Size1.80 Acres
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Shed
Location IconLocation:
Kadapa, Kadapa
Auction Date IconAuction Date:
18-11-2025 10:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-17

Bid Start Date:2025-11-18

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:disposalhub.com

Contact Details:

Authorized Officer

Contact no:9940656723

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