Flat for auction Nunna Vijayawada 32 lakh State Bank of India

This auction features a valuable piece of land with an existing building located in Nunna, Krishna, Andhra Pradesh. The property falls under the residential asset category, offering potential for various uses. Situated in a developing area, it presents a sound investment opportunity for those looking to acquire real estate in this region. The State Bank of India is facilitating this sale under SARFAESI provisions, ensuring a transparent and regulated process.

State Bank of India presents a SARFAESI auction for a residential land and building property in Nunna, Krishna, Andhra Pradesh. The bidding will commence on 11-12-2025 at 11:00 AM and conclude on the same day at 04:00 PM. The reserve price for this asset is ₹32,00,000, with an Earnest Money Deposit (EMD) of ₹3,20,000 required to participate. This is a prime opportunity to acquire a property directly from the bank.

The property offers reasonable value given its location and type, but potential investors should conduct thorough due diligence. The reserve price and EMD are relatively high, suggesting moderate competition. This is a 'Calculated Opportunity' due to the location and price point.