Flat for auction 2 Schedule:- Vide, Patamata, Vijayawada by Indian Bank

Property for Auction in Patamata, Vijayawada, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Patamata, Vijayawada
Auction Date IconAuction Date:
20-08-2025 10:00 AM

Auction Details

Auction ID:552445

Bank Name:Indian Bank

Branch Name:Vijayawada

Reserve Price:31,00,000

EMD:3,10,000

Service Provider:BAANKNET

Important Dates

Submission Date:19-08-2025 05:00 PM

Bid Start Date:20-08-2025 10:00 AM

Property Description

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

Auction Description

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

Contact Details

GANDHINAGAR BRANCH - Phone No : 9912223773

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