Flat for auction Sagar Vihar, Waltair, Visakhapatnam by Karur Vysya Bank

Property for Auction in Waltair, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Waltair, Visakhapatnam
Auction Date IconAuction Date:
28-03-2025 11:00 AM

Auction Details

Auction ID:455069

Bank Name:Karur Vysya Bank

Branch Name:Visakhapatnam

Reserve Price:80,00,000

EMD:8,00,000

Service Provider:bankauctions.in

Important Dates

Submission Date:27-03-2025 05:00 PM

Bid Start Date:28-03-2025 11:00 AM

Property Description

The property is a flat, Flat No.106 (Ground Floor), located at Door No.7-5-1/57/5 of Sagar Vihar Apartments, admeasuring 54 Sq.yds. or 45 Sq. Mts. It includes an undivided and unspecified share out of 1793.26 sq.yds or 1499.4 Sq. mts, covered by T.S.No. 1011/1A1A/1. The property is situated on Ramakrishna Beach Road, Waltair Ward, within the Municipal Corporation limits of Visakhapatnam. It is bounded by Mr. A. Datta Prasad and 2 others' property to the North, a 40 feet Road to the East, vacant land to the West, and Sagar View Apartments to the South.

State:Andhra Pradesh

City:Visakhapatnam

Area:Waltair

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential flat located in Waltair, Visakhapatnam, Andhra Pradesh. The property, bearing Flat No. 106 (Ground Floor) in Sagar Vihar Apartments, measures 54 Sq.yds. or 45 Sq. Mts. It is part of a larger plot of 1793.26 sq.yds or 1499.4 Sq. mts. The property is situated on Ramakrishna Beach Road and is jointly owned by Shaik Mahaboob Subhani and Shaik Jawaharlal, acquired through a Sale Deed registered in 1996. The auction is being conducted by Karur Vysya Bank with a reserve price of INR 8,000,000 and an EMD of INR 800,000. The auction will take place on 28-03-2025 from 11:00 AM to 01:00 PM.

Borrower Name:M/s. Steel City Shipping Services

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9949624491

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