Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:608555
Bank Name:IDBI Bank
Branch Name:Regional Office
Reserve Price:₹5,50,000
EMD:₹55,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This is a bank auction for a car located in Kadapa, Andhra Pradesh, previously owned by Mohan Reddy Dasareddy. The auction is conducted by IDBI Bank under the SARFAESI Act.
State:Andhra Pradesh
City:Kadapa
Area:Kadapa
Asset Category:Vehicle Auctions
Full Address:Kadapa, Kadapa, Andhra Pradesh, Kadapa, Kadapa
Auction Description
IDBI Bank is holding a SARFAESI auction for a car in Kadapa, Andhra Pradesh. The auction starts on November 27, 2025, at 11:00 AM and concludes at 01:00 PM on the same day. The reserve price is ₹5,50,000, with an Earnest Money Deposit (EMD) of ₹55,000 required.
Borrower Name:Mohan Reddy Dasareddy
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The auction presents a chance to acquire a vehicle. The location may influence the vehicle's utility and market value. Further inspection and due diligence are advisable before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:Public Auction
Contact Details:
Authorised Officer
Contact no: —
