Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614064
Bank Name:ICICI Bank
Branch Name:Branch Office : Vijayawada
Reserve Price:₹15,00,000
EMD:₹1,50,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This residential flat is located in Kankipadu, Krishna, Andhra Pradesh. It is being auctioned by ICICI Bank under SARFAESI laws. The property is situated in a well-developed area with access to local amenities. Ideal for individuals or families looking for a home in this region.
State:Andhra Pradesh
City:Krishna
Area:Kankipadu
Asset Category:Residential
Full Address:301, Sri Sai Nilayam, Flat No. 301, Sri Sai Nilayam Apartment, Plot No's.99 & 100 And Assessment No. 675, In Survey No.60/6, L.P No. 24/2011/vja, Produtur Village, Kankipadu
Building/Society:Sri Sai Nilayam
Size:930 Sft
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential flat in Kankipadu, Krishna, Andhra Pradesh. The auction will take place on November 27, 2025, from 10:30 AM to 11:30 AM. The reserve price for this property is INR 15,00,000, with an Earnest Money Deposit (EMD) of INR 1,50,000. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:Mr. Jaya Krishna Dhanisetti
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jayalakshmi Dhanisetti
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent residential opportunity in Kankipadu at a reasonable reserve price. While the location is not a Tier 1 city, the price point and property size make it a calculated investment. Auction terms are standard, and further due diligence on the property's condition and market value is recommended.
Contact Details
Branch:Branch Office : Branch Office : Vijayawada
Service Provider:matex.net
Contact Details:
Contact no:8008999536
