Flat for auction 508 Surya Tower, Gajuwaka, Visakhapatnam by SBI

Property for Auction in Gajuwaka, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Gajuwaka, Visakhapatnam
Auction Date IconAuction Date:
18-08-2025 11:00 AM

Auction Details

Auction ID:539239

Bank Name:State Bank of India

Branch Name:SARB - Visakhapatnam

Reserve Price:37,00,000

EMD:3,70,000

Service Provider:BAANKNET

Important Dates

Submission Date:16-08-2025 05:00 PM

Bid Start Date:18-08-2025 11:00 AM

Property Description

Residential Flat situated at Surya Towers, Flat No. 508, 4th Floor (G+4), S.No.45/39, Plot No. 10,11 & 12, D.No. 3-299/13/40, Hospital Road, Prasanthi Nagar, ward No.56 Gallavanipalem, Aganampudi Village, Gajuwaka Zone -V, Visakhapatnam, Andhra Pradesh. The property measures 33 square yards or 27.59 square meters being undivided and unspecified share of property out of 1226.93 square yards with a plinth area of 1105 sq.ft (inclusive of common areas). The property is in the name of Mr. Vaishnava Shrinivasa, Slo M Chand Vaishanava, vide Registered Sale Deed Doc No 53/2020 dated 07.01.2020 at SRO Lankelpalem.

State:Andhra Pradesh

City:Visakhapatnam

Area:Gajuwaka

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Residential Flat located in Gajuwaka, Visakhapatnam, Andhra Pradesh, conducted by the State Bank of India. The property is situated at Surya Towers, Flat No. 508, 4th Floor (G+4), S.No.45/39, Plot No. 10,11 & 12, D.No. 3-299/13/40, Hospital Road, Prasanthi Nagar, ward No.56 Gallavanipalem, Aganampudi Village, Gajuwaka Zone -V. The flat measures 1105 sq.ft (inclusive of common areas) and represents an undivided share of 33 square yards out of 1226.93 square yards. The property is registered under Sale Deed Doc No 53/2020 dated 07.01.2020 at SRO Lankelpalem in the name of Mr. Vaishnava Shrinivasa, S/o M Chand Vaishanava. The reserve price is INR 3,700,000.00 and the Earnest Money Deposit (EMD) is INR 370,000.00. The auction is scheduled for August 18, 2025, from 11:00 AM to 04:00 PM. Applications for the auction must be submitted by August 16, 2025, 05:00 PM. For inquiries, contact +91-8291220220. The auction is managed by BAANKNET from the SARB - Visakhapatnam branch.

Borrower Name:M/s. Shrinivasa Enterprises

Auction Type:SARFAESI Auction

Contact Details

Contact Number : +91-8291220220

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