Flat for auction 202 Nakshitha, Parawada, Visakhapatnam by Karnataka Bank

This residential flat is situated in Parawada, Visakhapatnam, Andhra Pradesh. The property is categorized as residential and is being auctioned by Karnataka Bank. Parawada is an area known for its industrial presence and developing infrastructure, offering a potentially strategic location. The specific details regarding the flat's size, amenities, and exact location within Parawada will be available in the detailed auction notice. This property represents a chance to invest in the Visakhapatnam real estate market.

This is a SARFAESI auction conducted by Karnataka Bank for a residential flat located in Parawada, Visakhapatnam, Andhra Pradesh. The property is offered at a reserve price of ₹38,00,000 with an Earnest Money Deposit (EMD) of ₹3,80,000. The auction will take place on October 17, 2025, from 11:00 AM to 11:20 AM. This is an opportunity to acquire a property in a developing area. Interested bidders are advised to review all auction terms and conditions thoroughly before participating. The auction is for the asset belonging to the borrower M/s. Power Technologies.