Flat for auction Item IV: Madhurawada, Visakhapatnam by Indian Bank

Property for Auction in Madhurawada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Madhurawada, Visakhapatnam
Auction Date IconAuction Date:
20-08-2025 10:00 AM

Auction Details

Auction ID:554072

Bank Name:Indian Bank

Branch Name:Visakhapatnam

Reserve Price:38,64,000

EMD:3,86,000

Service Provider:ebkray

Important Dates

Submission Date:19-08-2025 05:00 PM

Bid Start Date:20-08-2025 10:00 AM

Property Description

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

Auction Description

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 Details

Contact no:0891-2568910

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