Flat for auction FLOOR Property-2: Madhavadhara, Visakhapatnam by Canara Bank

A residential flat situated in Madhavadhara, Visakhapatnam, Andhra Pradesh. The property is offered by Canara Bank under the SARFAESI Act. This flat presents an excellent opportunity for homebuyers or investors seeking a property in Visakhapatnam. Madhavadhara is a well-established area with good connectivity and amenities. The property is being auctioned due to the borrower, Sri Golli Venkatanaga Seshu, defaulting on their loan.

This is a SARFAESI auction conducted by Canara Bank for a residential flat located in Madhavadhara, Visakhapatnam, Andhra Pradesh. The auction will take place on August 21, 2025, from 3:00 PM to 4:00 PM. The reserve price is set at ₹45,80,000, with an Earnest Money Deposit (EMD) of ₹4,58,000 required to participate. This is a valuable opportunity to acquire a property in a desirable location.