Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611170
Bank Name:Indian Bank
Branch Name:Mogalrajapuram
Reserve Price:₹15,00,000
EMD:₹2,00,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
A residential flat located in the Vijayawada rural area of Krishna district, Andhra Pradesh. This property is being auctioned by Indian Bank under the SARFAESI Act. Ideal for individuals or families seeking a home in a developing region.
State:Andhra Pradesh
City:Krishna
Area:Vijayawada rural
Asset Category:Residential
Full Address:TF-E, Maheswari Towers, Flat No. TF-E, Block No.-2, on Third Floor, Maheswari Towers situated at RS No. 758/2 part, Nunna Village & Gram Panchayat, Vijayawada Rural Mandal, Krishna District, AP, Nunna Village, Vijayawada
Building/Society:Maheswari Towers
Size:1051.59 Sq. Yds
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Vijayawada rural, Krishna, Andhra Pradesh. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at ₹15,00,000, with an EMD of ₹2,00,000. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:M/s Mahdisteels Pvt
Auction Type:SARFAESI Auction
Guarantor Names:Md Moyin Pasha, Smt Raziya Bano, Md Mahaboob Banu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The flat offers a decent size and is located in Vijayawada Rural, presenting a viable investment opportunity. With a reserve price of ₹1500000.0 and symbolic possession, potential buyers should conduct thorough due diligence. The location and property type suggest a calculated risk with potential for appreciation.
Contact Details
Branch:Branch Office : Mogalrajapuram
Service Provider:BAANKNET
Contact Details:
Contact no: —
