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209.92 square yard Industrial Plot with Factory Building for sale in Peddapuram

Peddapuram, Kakinada, Andhra Pradesh – 533437

Indian Overseas Bank · PEDDAPURAM-530

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹10,47,000
EMD
₹1,04,700
Bid increment
₹10,000
Area
1,889 sq ft
Price per sq ft
₹554

This is the 4th auction of this property. The reserve price is 11% lower than at the last auction (₹11,77,000 on 24 Sep 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property14 Oct 2026, 10:00 AM – 29 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 6:00 PM
  3. Auction30 Oct 2026, 10:30 AM – 12:30 PM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹10,47,000-11.0%Upcoming
24 Sep 2026₹11,77,000-10.2%Closed
28 Aug 2026₹13,10,000-15.8%Closed
16 Jul 2026₹15,55,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,04,700
Rest of 25% when you win (same or next day)
₹1,57,050
Balance 75%, usually within 15 days
₹7,85,250
Stamp duty and registration (about 5–8%, varies by state)
₹52,350 – ₹83,760

You may bid above the reserve in steps of ₹10,000. 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
Industrial · Industrial Plot with Factory Building
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Mortgage of Factory land & AC roof shed admeasuring 290.92 sq. yards situated at S no. 231/4, Near D No. 11-1, Thatiparthi Village, Thatiparthi grampanchayat, Gollaprolu mandal, East Godavari District
Borrower
SHARMITHA ENTERPRISES

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