Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:610280
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office : Vijayawada
Reserve Price:₹1,50,75,000
EMD:₹15,07,500
Bid Increment:₹75,000
Auction Time:1:00 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Vijayawada rural, Krishna district, Andhra Pradesh. The property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. It is an excellent opportunity for homebuyers or investors seeking property in a developing area. The flat offers a comfortable living space and is situated in a region with growing potential.
State:Andhra Pradesh
City:Krishna
Area:Vijayawada rural
Asset Category:Residential
Full Address:A-2, Land Mark Pride Appartments, R.S.No:24, Door No.40-5/3-1b, Asst No:1073244253, Flat No:A-2, First Floor, A-Block, Land Mark Pride Appartments, Beside A Plus Convention Centre, Muncipal Employees Colony Road, Patamata, Patamata, Vijayawada
Building/Society:Land Mark Pride Appartments
Size:2987.48 sq Yards
Auction Description
The Bank of Maharashtra is conducting a SARFAESI auction for a residential flat in Vijayawada rural, Krishna. The auction will commence on November 14, 2025, at 01:00 PM and conclude at 05:00 PM on the same day. The reserve price for this property is ₹1,50,75,000.00, with an Earnest Money Deposit (EMD) of ₹15,07,500.00 required to participate. This auction presents a chance to acquire a property directly from the bank.
Borrower Name:M/s Sri Surya Aqua Traders
Auction Type:SARFAESI Auction
Guarantor Names:Vathsavayi Sai Venkata Subramanya Varma, Kunche Sri Lakshmi
Legal Details
Possession Status:Symbolic
Encumbrance Details:No encumbrances known to the bank.
Why This Property
The property, a residential flat in a good location in Vijayawada, presents a strong investment opportunity. The reserve price is reasonable, and the auction terms are standard. The location and property type make it a desirable asset.
Contact Details
Branch:Branch Office : Zonal Office : Vijayawada
Service Provider:BAANKNET
Contact Details:
HALVI ANAND BABU
Contact no: —
