Shop for auction 42 Bounded, Jayakrishnapuram, Srikakulam by BOI

Property for Auction in Jayakrishnapuram, Srikakulam, Andhra Pradesh

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Jayakrishnapuram, Srikakulam
Auction Date IconAuction Date:
14-08-2025 12:00 PM

Auction Details

Auction ID:549733

Bank Name:Union Bank of India

Branch Name:Regional Office : Srikakulam

Reserve Price:34,30,000

EMD:3,43,000

Service Provider:BAANKNET

Important Dates

Submission Date:13-08-2025 05:00 PM

Bid Start Date:14-08-2025 12:00 PM

Property Description

This commercial property is located in the bustling area of Jayakrishnapuram, Srikakulam, Andhra Pradesh. Previously associated with M/s. Omega Wielding Electrodes, this asset falls under the commercial category and is being auctioned under SARFAESI proceedings by the Union Bank of India. The property offers significant potential for various business ventures, capitalizing on its strategic location within Srikakulam. It represents a prime investment opportunity for those seeking commercial real estate in a growth-oriented region.

State:Andhra Pradesh

City:Srikakulam

Area:Jayakrishnapuram

Asset Category:Commercial

Auction Description

Union Bank of India presents a SARFAESI auction for a commercial property in Jayakrishnapuram, Srikakulam, Andhra Pradesh. The auction is scheduled for August 14, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹34,30,000, with an Earnest Money Deposit (EMD) of ₹3,43,000 required to participate. This is an excellent opportunity for investors and businesses looking to acquire a commercial asset in a developing area. Don't miss out on this chance to own a property through a transparent auction process.

Borrower Name:M/s. Omega Wielding Electrodes

Auction Type:SARFAESI Auction

Contact Details

Contact no:08945-244447

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