Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611865
Bank Name:Canara Bank
Branch Name:ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Reserve Price:₹72,68,000
EMD:₹7,26,800
Bid Increment:₹10,000
Auction Time:2.00 PM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-20
Property Description
This is a residential flat located in the prime area of Patamata, Vijayawada, Andhra Pradesh. The property is being auctioned by Canara Bank under SARFAESI Act. Ideal for individuals or families seeking a home in a well-connected locality.
State:Andhra Pradesh
City:Vijayawada
Area:Patamata
Asset Category:Residential
Full Address:402, APPLE GRAND, Flat No: 402, APPLE GRAND, RS No.225/4, nearest D No:74-24-35/1A, Patamata, VMC area, Vijayawada, Patamata, Vijayawada
Building/Society:APPLE GRAND
Size:1455 Sft
Auction Description
Canara Bank is conducting an e-auction for a residential flat in Patamata, Vijayawada, Andhra Pradesh. The auction will be held on 20-11-2025 from 02:00 PM to 04:00 PM. The reserve price is set at ₹72,68,000, with an Earnest Money Deposit (EMD) of ₹7,26,800. This is a SARFAESI auction, offering a great opportunity to acquire a property in a sought-after location.
Borrower Name:Smt Jonnalagadda Nagalakshmi
Auction Type:SARFAESI Auction
Guarantor Names:Sri Jonnalagadda Prasad
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This flat in Patamata, Vijayawada, presents a strong buying opportunity given its physical possession status and reasonable reserve price. The property's location within Apple Grand adds to its appeal, making it a potentially lucrative investment. Auction terms are standard, and the property appears to be well-suited for residential purposes.
Contact Details
Branch:Branch Office : ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA
Service Provider:BAANKNET
Contact Details:
Contact no:8331011695
