All auctions / Andhra Pradesh / Industrial Park Nemam
233 square yard Plot for sale in Kakinada Industrial Park Nemam
Industrial Park Nemam, Kakinada, Andhra Pradesh – 533005
Bank of Baroda · REGIONAL SARB, HYDERABAD - 6199
- Reserve price
- ₹44,30,000
- EMD
- ₹4,43,000
- Bid increment
- ₹50,000
- Area
- 2,097 sq ft
- Price per sq ft
- ₹2,113
This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹49,20,000 on 28 Jul 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property20 Oct 2026, 11:00 AM – 22 Oct 2026, 1:00 PM
- Pay EMD and submit bid by27 Oct 2026, 10:30 AM
- Auction28 Oct 2026, 11:00 AM – 3:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹44,30,000 | -10.0% | Upcoming |
| 28 Jul 2026 | ₹49,20,000 | -10.0% | Closed |
| 22 Jun 2026 | ₹54,64,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,43,000
- Rest of 25% when you win (same or next day)
- ₹6,64,500
- Balance 75%, usually within 15 days
- ₹33,22,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.21 L – ₹3.54 L
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Residential · Plot
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- Residential land to the extent of 233.50 Sqyds at RS No: 41/12, 41/13, Plot No: 3, Near D.No: 2-344/01, Balajii Nagar, 4th street, opposite A.P.S.P, Ramannayya peta village, Kakinada rural Mandal, East Godavari.
- Borrower
- M/s GVR
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