Property for Auction in Patamata, Vijayawada, Andhra Pradesh
Auction ID:552445
Bank Name:Indian Bank
Branch Name:Vijayawada
Reserve Price:₹31,00,000
EMD:₹3,10,000
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 10:00 AM
This residential flat is located in the prime area of Patamata, Vijayawada, Andhra Pradesh. The property is being auctioned by Indian Bank under the SARFAESI Act, as it was mortgaged by the borrower, Mr. Manchikalapudi Sreenu. Situated in a well-developed locality, this flat offers convenience and accessibility. The auction provides a legal and straightforward way to acquire this asset. Potential bidders are encouraged to conduct their own due diligence regarding the property's condition and legal status.
State:Andhra Pradesh
City:Vijayawada
Area:Patamata
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential flat in Patamata, Vijayawada, Andhra Pradesh. This is an opportunity to acquire a property in a sought-after location. The reserve price is ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. The auction will be held online on August 20, 2025, from 10:00 AM to 5:00 PM. Don't miss this chance to invest in a property through a transparent banking auction process.
Borrower Name:Mr. Manchikalapudi Sreenu
Auction Type:SARFAESI Auction
GANDHINAGAR BRANCH - Phone No : 9912223773