Flat for Auction Balaga Ward R K Nagar Srikakulam 35 Lakh by State Bank of India 23 Jun 2026
Balaga Ward, R.K.Nagar, Srikakulam
Area: 1000 sq. feet
Flat No. 502, Fourth Floor, Sai Heights, Ramakrishna Nagar Colony, Near RTC Complex
State Bank of India · RACPC
Reserve price
₹35,00,000
EMD ₹3,50,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1000 sq. feet
- ▸Locality: Balaga Ward, R.K.Nagar
- ▸Reserve: ₹35,00,000
- ▸EMD: ₹3,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Balaga Ward, R.K.Nagar |
| Built-up / plot area | 1000 sq. feet |
| Lender | State Bank of India |
| Branch | RACPC |
| Unit / flat no. | 502 |
| Building / society | Sai Heights |
| Floor | Fourth |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Flat bank auction in Balaga Ward, R.K.Nagar, Srikakulam by State Bank of India — reserve price ₹35,00,000, 1000 sq. feet, Symbolic possession.
Seize the opportunity to own a residential flat through a bank auction in Srikakulam! This 1000 sq. ft. flat, located in Sai Heights, Balaga, offers comfortable living space. The property is being auctioned by State Bank of India under the SARFAESI Act. The e-auction is scheduled for June 23, 2026, with a reserve price of ₹3,500,000. Don't miss this chance to acquire a bank auction property in a prime location. Contact the authorized officer for inspection and auction details.
GeoSquare note: The property is a residential flat in a developing area, offered at a reasonable reserve price. The location in Balaga, Srikakulam, provides decent accessibility. However, the symbolic possession status introduces some uncertainty, impacting the investment appeal, but it is still a fair option at the current price range.
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