Property for Auction in Jayakrishnapuram, Srikakulam, Andhra Pradesh
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
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
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
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 no:08945-244447