Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610429
Bank Name:The Vishakapatnam Co-operative Bank Ltd
Branch Name:Visakhapatnam
Reserve Price:₹31,11,000
EMD:₹3,11,100
Auction Time:10:00 a.m.
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a residential flat located in Vepagunta, Visakhapatnam, Andhra Pradesh. The property is being auctioned by The Vishakapatnam Co-operative Bank Ltd.
State:Andhra Pradesh
City:Visakhapatnam
Area:Vepagunta
Asset Category:Residential
Full Address:1, Anantha Lakshmi Residency, D.No. 16-104, Flat No. 1, Ground Floor in Anantha Lakshmi Residency, Plot No. 13, Prahaladapuram, Vepagunta, Vepagunta, Visakhapatnam
Building/Society:Anantha Lakshmi Residency
Size:30 Sq. yards
Auction Description
The Vishakapatnam Co-operative Bank Ltd is conducting a SARFAESI auction for a residential flat in Vepagunta, Visakhapatnam. The auction will take place on December 5, 2025, between 10:00 AM and 11:00 AM. The reserve price is INR 31,11,000, with an Earnest Money Deposit (EMD) of INR 3,11,100. This is an opportunity to acquire a property through a bank auction.
Borrower Name:Sri Thota Parameswara Surya Chandra Rao
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Thota Leela Vathi
Legal Details
Possession Status:Physical
Encumbrance Details:Dues/taxes if any, known/not known to the Bank are to be borne by the auction purchaser and the same is exclusive of the final bid amount.
Why This Property
The property is a residential flat in Vepagunta, Visakhapatnam, offered at a reserve price of ₹3111000.0. While the location is decent, potential buyers should carefully assess the property's condition and market value to ensure a worthwhile investment. Due diligence is crucial before participating in the auction.
Contact Details
Branch:Branch Office : Visakhapatnam
Service Provider:Public Auction
Contact Details:
Contact no:0891-2788468
