Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613210
Bank Name:Bank of India
Branch Name:Regional office
Reserve Price:₹17,38,000
EMD:₹1,73,800
Bid Increment:₹50,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a residential flat located in West Godavari, Andhra Pradesh, being auctioned by the Bank of India. The property is offered under the SARFAESI Act, with a reserve price of 17,38,000. This presents a valuable opportunity to acquire a property in a key area of West Godavari.
State:Andhra Pradesh
City:West Godavari
Area:West Godavari
Asset Category:Residential
Full Address:R.S. No. 402/1, 3rd Ward, Near D.No.3-24, Chandravaram Village, Chagallu Mandal, West Godavari District, Chandravaram Village, West Godavari
Size:116.50 Square yards
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential flat in West Godavari, Andhra Pradesh. The auction will take place on December 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is set at 17,38,000, with an Earnest Money Deposit (EMD) of 1,73,800. This is a prime opportunity for interested buyers to participate in the auction.
Borrower Name:Mr. Mohammad Basha
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a rural area with a reasonable reserve price. While the location might not be prime, the price point and clear auction terms present a calculated opportunity for potential buyers. Further due diligence is recommended.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Contact no:9182061212
