Flat for auction 102 C of Sanivada Villa, Lankelapalem, Visakhapatnam by Bank

The property consists of Flat No.102 in Block "C" of Palace Heights, situated on the first floor. It measures 1364 Sq.Ft, with an additional 282 Sq.Ft representing the proportionate share in common areas, bringing the total area to 1646 Sq.Ft. This flat is part of a larger plot of Ac.3.77 Cents (1.526 Ha or 18,247 Sq.yards) in Sanivada Village, Gajuwaka Mandal, within the Greater Visakhapatnam Municipal Corporation limits, Lankelapalem Sub Registry. The land boundaries are: East: Land belonging to Visakhapatnam Steel Plant; West: Land belonging to Visakhapatnam Steel Plant & AP Irrigation Department; North: Land belonging to M/s. Creative Engineering Constructions; South: Land belonging to M/s. Creative Engineering Constructions. The property's sale deed is Document No.924/2008, dated 17.03.2008.

This is a Debts Recovery Tribunal (DRT) auction for a residential flat located in Lankelapalem, Visakhapatnam, Andhra Pradesh. The property is identified as Flat No.102 in Block "C", measuring 1364 Sq.Ft (with proportionate share in common areas totaling 1646 Sq.Ft), constructed on the 1st Floor of Block -C in Palace Heights. The property is part of a larger land parcel (Schedule "A") with an undivided share of 50 Sq.yards out of Ac.3.77 Cents. The auction is being conducted by Debts Recovery Tribunal, with bankeauctions.com / C1 India as the service provider. The reserve price is INR 59,06,000.00 and the Earnest Money Deposit (EMD) is INR 5,90,600.00. The auction is scheduled for June 27, 2025, from 11:00 AM to 12:00 PM. The application submission deadline is June 24, 2025, by 4:00 PM. The property is associated with Mrs. Kommuju Parvathi as the borrower. For further inquiries, contact Sri D.V. Rao Chief Manager at 9661032979 or 9912198532.