Property for Auction in Machilipatnam, Visakhapatnam, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613722
Bank Name:ICICI Home Finance
Branch Name:Corporate Office : Mumbai
Reserve Price:₹37,68,120
EMD:₹3,76,812
Auction Time:02:00 PM to 03:00 PM
Service Provider:BidDeal.in
Submission Date:2025-11-24
Bid Start Date:2025-11-25
This is a residential flat located in the Machilipatnam area of Visakhapatnam, Andhra Pradesh. The property is being auctioned by ICICI Home Finance under SARFAESI rules. It presents a significant opportunity for prospective buyers in a key location. Detailed inspection is recommended.
State:Andhra Pradesh
City:Visakhapatnam
Area:Machilipatnam
Asset Category:Residential
Full Address:D.No. 5/147-1 New D.No. 5/147-1, Ward No. 5, Nuroodinpeta, Opposite, Rajupeta, Nuroodinpeta, Machilipatnam
Size:151 Sq.yds
ICICI Home Finance is conducting an online SARFAESI auction for a residential flat in Machilipatnam, Visakhapatnam, Andhra Pradesh. The auction will commence on November 25, 2025, at 02:00 PM and conclude at 03:00 PM on the same day. The reserve price is set at ₹37,68,120, with an Earnest Money Deposit (EMD) of ₹3,76,812 required to participate. This is a prime opportunity to acquire property through a transparent banking auction process.
Borrower Name:Abdul Aziz
Auction Type:SARFAESI Auction
Guarantor Names:Kamurunnisa
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a residential flat in Machilipatnam, Andhra Pradesh. The reserve price and EMD seem reasonable. More detailed location and structural assessments are advisable before bidding, placing it in the 'Calculated Opportunity' tier.
Branch:Branch Office : Corporate Office : Mumbai
Service Provider:BidDeal.in
Contact Details:
Contact no:9920807300