Flat for Auction Kancharapalem Ward Visakhapatnam 42.4 Lakh by Smfg India Credit Company Limited 21 Jul 2026
Kancharapalem Ward, Visakhapatnam
Area: 820 Sft
Flat No.14 & 13 Part, Third Floor, Sai Venkateswara Residency, Plot No.A-7, Survey No. 9/1
SMFG INDIA CREDIT COMPANY LIMITED · Corporate Office : Mumbai
Reserve price
₹42,42,000
EMD ₹4,24,200
Auction date
21 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Area: 820 Sft
- ▸Locality: Kancharapalem Ward
- ▸Reserve: ₹42,42,000
- ▸EMD: ₹4,24,200
Auction snapshot
| Possession | — |
| Property type | Flat · Residential |
| Locality | Kancharapalem Ward |
| Built-up / plot area | 820 Sft |
| Lender | SMFG INDIA CREDIT COMPANY LIMITED |
| Branch | Corporate Office : Mumbai |
| Unit / flat no. | Flat No.14 & 13 Part |
| Building / society | Sai Venkateswara Residency |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Kancharapalem Ward, Visakhapatnam by SMFG INDIA CREDIT COMPANY LIMITED — reserve price ₹42,42,000, 820 Sft.
This bank auction presents a residential flat (Flat No.14 & 13 Part) spanning 820 Sft on the Third Floor of "Sai Venkateswara Residency" in Kancharapalem Ward, Visakhapatnam. The property, located in the Greater Vishakapatnam Municipal Corporation limits, offers a valuable opportunity for a bank auction property investment. With a reserve price of ₹42,42,000 and an EMD of ₹4,24,200, this flat provides potential buyers with a chance to acquire a well-located residential unit. The e-auction is scheduled for July 21, 2026, from 11:00 AM to 02:00 PM. Interested parties should note the last date for EMD submission is July 20, 2026. This property in Visakhapatnam is an attractive option for those seeking a residential flat for sale through a bank auction.
GeoSquare note: This residential flat in Visakhapatnam presents a strong buying opportunity due to its location in Kancharapalem Ward and its good size of 820 Sft. The stated reserve price of ₹42.42 Lakhs makes it an accessible option for investment or personal use. While the possession status is not explicitly mentioned, the clear auction details and attractive price point make it a potentially rewarding acquisition.
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