Flat for auction Item-1: Madhurawada, Visakhapatnam by Indian Bank

This is a residential flat located in Madhurawada, Visakhapatnam, Andhra Pradesh. Situated in a key area of the city, the property offers convenience and accessibility. As part of a SARFAESI auction conducted by Indian Bank, it presents a unique investment opportunity. The flat is suitable for residential use and is part of a property formerly associated with M/s. Kamal Ready Mix Concretes. Madhurawada is a developing locality with growing infrastructure and potential for appreciation. This property is an ideal choice for individuals or families looking to invest in the Visakhapatnam real estate market.

Indian Bank is conducting a SARFAESI auction for a residential flat in Madhurawada, Visakhapatnam, Andhra Pradesh. The property, previously owned by M/s. Kamal Ready Mix Concretes, will be auctioned on August 20, 2025, from 10:00 AM to 5:00 PM. The reserve price for this auction is ₹35,97,000, with an Earnest Money Deposit (EMD) of ₹3,60,000 required. This is a prime opportunity to acquire a property in a sought-after location within Visakhapatnam. Interested bidders are advised to review all auction terms and conditions on the Indian Bank portal. Ensure all documentation is in order before participating. Secure your chance to own this asset through a transparent and efficient auction process.