Auction fetches Rs. 2,50,27,500
Hyderabad, November 25, 2006
The two flats belonging to Swarna Durga Kumari, wife of K. Venkateswara Rao of Krushi Bank Chief's were auctioned for Rs. 2,50,27,500. The two flats located on the second floor of GS Chambers at Nagarjuna Circle in Panjagutta were auctioned following the directions of AP High Court.
The third floor which was also put up for auction as it failed to draw any interest from the bidders and it's auction would take place again later. Nearly a dozen bidders took part in the open auction.
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K Venkateswara Rao wifes flats auctioned
Auction fetches Rs. 2,50,27,500
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