Property for Auction in Maddilapalem, Visakhapatnam, Andhra Pradesh
Auction ID:575673
Bank Name:Indian Bank
Branch Name:Visakhapatnam
Reserve Price:₹84,00,000
EMD:₹8,40,000
Service Provider:ebkray
Submission Date:23-09-2025 05:00 PM
Bid Start Date:24-09-2025 10:00 AM
Discover an excellent investment opportunity with this residential flat located in the prime area of Maddilapalem, Visakhapatnam, Andhra Pradesh. This property, a SARFAESI auction asset, offers a fantastic chance to own a home in a well-developed locality. Ideal for individuals or families seeking a comfortable and convenient living space, its location in Visakhapatnam ensures access to essential amenities and city infrastructure.
State:Andhra Pradesh
City:Visakhapatnam
Area:Maddilapalem
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential flat in Maddilapalem, Visakhapatnam. The auction will be held on 24-09-2025, with bidding open from 10:00 AM to 05:00 PM. The reserve price is set at ₹84,00,000, with an Earnest Money Deposit (EMD) of ₹8,40,000 required to participate. This is a unique opportunity to acquire property through a transparent auction process managed by Indian Bank.
Borrower Name:Mr. Jakkula Akhanda Rao
Auction Type:SARFAESI Auction
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