Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614104
Bank Name:ICICI Bank
Branch Name:Regional Office
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 is a residential flat located in Kankipadu, Krishna district, Andhra Pradesh. The property is being auctioned by ICICI Bank under the SARFAESI Act. It is an excellent opportunity to acquire a property in a developing area.
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, Assessment No. 675, Survey No.60/6, LP No. 24/2011/vja, Produtur Village, Kankipadu Mandal, Krishna
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 is INR 15,00,000 and the Earnest Money Deposit (EMD) is INR 1,50,000. This is a secure and transparent auction process for interested buyers.
Borrower Name:Mr. Jayo Krishna Dhonisetti
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 is a residential flat in a developing area with a reasonable reserve price. While not a prime investment, it presents a calculated opportunity for buyers looking for affordable housing in Krishna. Auction terms are standard, and further due diligence is advised.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:matex.net
Contact Details:
Contact no:8008999536/9326713629
