State Bank of India, Visakhapatnam, invites electronic bids for the auction of a factory land and building property in Srikakulam under the SARFAESI Act 2002. The property belongs to borrower M/s Sri Kartikeya Poly Sack Industries to recover bank dues exceeding ₹97.16 Lakhs. The reserve price is set at ₹1,17,00,000 with an EMD of ₹11,70,000. The online auction takes place on July 9, 2026, from 11:00 AM to 4:00 PM via baanknet.com. For property visits or inquiries, contact Chief Manager Sri Y. Kiran Chand at 9160949910.