Property for Auction in Madhurawada, Visakhapatnam, Andhra Pradesh
Auction ID:554072
Bank Name:Indian Bank
Branch Name:Visakhapatnam
Reserve Price:₹38,64,000
EMD:₹3,86,000
Service Provider:ebkray
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 10:00 AM
This residential flat is located in the well-developed area of Madhurawada, Visakhapatnam, Andhra Pradesh. The property is an asset of M/s. Kamal Ready Mix Concretes. Situated in a sought-after location, this flat offers potential for comfortable living or as an investment. The property is being auctioned by Indian Bank under the SARFAESI Act. Madhurawada is known for its connectivity and developing infrastructure, making it an attractive residential hub.
State:Andhra Pradesh
City:Visakhapatnam
Area:Madhurawada
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential flat in Madhurawada, Visakhapatnam. This is a prime opportunity to acquire property through a bank auction. The reserve price is set at 38,64,000 INR, with an Earnest Money Deposit (EMD) of 3,86,000 INR. The auction will be conducted online on 20-08-2025, commencing at 10:00 AM and concluding at 5:00 PM. Don't miss this chance to bid on this valuable asset from Indian Bank.
Borrower Name:M/s. Kamal Ready Mix Concretes
Auction Type:SARFAESI Auction
Contact no:0891-2568910