Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611742
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Corporate Office : Chennai
Reserve Price:₹72,50,000
EMD:₹7,25,000
Bid Increment:₹1,00,000
Auction Time:11:00 am to 1:00 PM
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential flat located in Nidadavolu, West Godavari, Andhra Pradesh. The property is being auctioned by Cholamandalam Investment And Finance Company Limited under SARFAESI Act. Details regarding the specific size, amenities, and exact location within Nidadavolu are available upon request or during inspection. Prospective buyers are advised to conduct their own due diligence.
State:Andhra Pradesh
City:West Godavari
Area:Nidadavolu
Asset Category:Residential
Full Address:2-24-10, D.No. 2-24-10, Santhi Nagar, Nidadavole, Nidadavole, West Godavari
Size:160.094 sq. meters
Auction Description
Cholamandalam Investment And Finance Company Limited is conducting a SARFAESI auction for a residential flat in Nidadavolu, West Godavari, Andhra Pradesh. The auction will commence on November 21, 2025, at 11:00 AM and conclude at 01:00 PM on the same day. The reserve price for this auction is ₹72,50,000, with an Earnest Money Deposit (EMD) of ₹7,25,000 required. This is a time-bound opportunity to acquire a property through a bank auction.
Borrower Name:Suri Babu Anandam
Auction Type:SARFAESI Auction
Guarantor Names:Sridevi Anandam, Satya Restaurant
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Nidadavolu offers a residential flat at a moderate reserve price. While not a prime investment, its location and size provide a calculated opportunity for interested buyers. The auction terms are standard, making it a reasonable prospect for those familiar with the area.
Contact Details
Branch:Branch Office : Corporate Office : Chennai
Service Provider:bankauctions.in
Contact Details:
Muhammed Rahees
Contact no:8124000030
