Property for Auction in Jayakrishnapuram, Srikakulam, Andhra Pradesh
Auction ID:549731
Bank Name:Union Bank of India
Branch Name:Regional Office : Srikakulam
Reserve Price:₹42,30,000
EMD:₹4,23,000
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
A prime commercial property located in Jayakrishnapuram, Srikakulam, Andhra Pradesh. This asset, categorized as commercial, offers significant potential for various business ventures. Situated in a key area, it is an ideal location for entrepreneurs and investors looking to establish or expand their commercial presence. The property is being auctioned by Union Bank of India under SARFAESI regulations. It represents a sound investment opportunity in the growing economic landscape of Srikakulam.
State:Andhra Pradesh
City:Srikakulam
Area:Jayakrishnapuram
Asset Category:Commercial
Union Bank of India invites bids for a SARFAESI auction of a commercial property in Jayakrishnapuram, Srikakulam, Andhra Pradesh. This is a unique opportunity to acquire commercial space in a developing area. The auction is conducted by the Union Bank of India on behalf of M/s. Omega Wielding Electrodes. The reserve price is set at INR 42,30,000, with an Earnest Money Deposit (EMD) of INR 4,23,000 required to participate. The auction will be held online on August 14, 2025, commencing at 12:00 PM and concluding at 05:00 PM. Secure your commercial future with this valuable property.
Borrower Name:M/s. Omega Wielding Electrodes
Auction Type:SARFAESI Auction
Contact no:08945-244447