Flat for auction 4 KRM Colony Maddilapalem Villa, Maddilapalem, Visakhapatnam by Canara

Residential Flat located in Maddilapalem, Visakhapatnam, Andhra Pradesh. Property No-4, in the name of Late Molli Appala Narasamma, mortgaged by her legal heirs Molli Apparao, Late Molli Venkata Gopala Krishna (represented by his wife Smt. Kothinti Vijayanthy), and Molli Venkata Nageswara Rao. The property is located in Visakhapatnam District, Greater Visakhapatnam Municipal Corporation area, Visakhapatnam SRO, KRM colony, Maddilapalem Village, on an extent of 400 Sq. Yds of site. It features an old slabbed House bearing D.No. 53-32-1(1) and 53-32-1/A, covered by old S.No. 4 part, New survey No. 7/4 part. The built-up area includes Ground Floor 2000 Sq. Ft. (RCC) and First Floor 2000 Sq. Ft. (RCC). Boundaries: East: Site belongs to Yarra Srirama Murthy, South: 20 Feet road, West: Property of Vendors, North: House belongs to Akella Appa Rao.

This is a SARFAESI Auction for a Residential Flat located in Maddilapalem, Visakhapatnam, Andhra Pradesh, by Canara Bank. The property, bearing D.No. 53-32-1(1) and 53-32-1/A, is situated on 400 Sq. Yds of land in KRM colony, Maddilapalem Village. It comprises a Ground Floor of 2000 Sq. Ft. (RCC) and a First Floor of 2000 Sq. Ft. (RCC). The property is mortgaged by the legal heirs of Late Molli Appala Narasamma. The auction has a reserve price of 25,922,000.00 and an EMD of 2,592,200.00. The auction will be conducted online by BAANKNET, with the application submission deadline on 28-02-2025 at 01:00 PM, and the auction running from 28-02-2025 02:00 PM to 03:00 PM. For further details, contact the Authorized Officer at 9440905111/8331019134.