Flat for auction 79 and car park Maddilapalem Visakhapatnam by Indian Bank

This auction features a residential flat situated in Maddilapalem, Visakhapatnam, a sought-after locality in Andhra Pradesh. The property is offered by Indian Bank under the SARFAESI Act. The flat provides comfortable living spaces, ideal for individuals or families. Its location in Maddilapalem ensures good connectivity and access to essential amenities. This is a bank-owned asset, making it a potentially attractive investment for discerning buyers looking for property in Visakhapatnam.

Indian Bank is conducting a SARFAESI auction for a residential flat located in Maddilapalem, Visakhapatnam, Andhra Pradesh. The property was formerly owned by Mr. Jakkula Akhanda Rao. The auction will take place on August 30, 2025, from 10:00 AM to 5:00 PM. The reserve price for this auction is ₹84,00,000, with an earnest money deposit (EMD) of ₹8,40,000 required to participate. This is a prime opportunity to acquire a property in a well-established area.