Property for Auction in Vuyyuru, Krishna, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612687
Bank Name:Indian Bank
Branch Name:VUYYURU BRANCH
Reserve Price:₹26,03,000
EMD:₹2,60,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Submission Date:2025-12-10
Bid Start Date:2025-12-10
This is a residential flat located in Vuyyuru, Krishna district, Andhra Pradesh. The property is being auctioned by Indian Bank under SARFAESI rules. It represents an opportunity to acquire a flat in a developing area. The reserve price for this auction is INR 26,03,000, with an Earnest Money Deposit (EMD) of INR 2,60,000 required to participate. Further details regarding the specific location and built-up area can be obtained from the auction notice.
State:Andhra Pradesh
City:Krishna
Area:Vuyyuru
Asset Category:Residential
Full Address:502, Lakshmi Residency, Flat No 502, on Fifth Floor, Lakshmi Residency, Vuyyuru Nagara Panchayat, Vuyyuru Village, Krishna District, Vuyyuru, Krishna
Building/Society:Lakshmi Residency
Size:850.00 Sq. Feet
Indian Bank is conducting a SARFAESI auction for a residential flat in Vuyyuru, Krishna, Andhra Pradesh. The auction will take place on December 10, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price is set at INR 26,03,000, and interested bidders must submit an EMD of INR 2,60,000. This is a single-day auction event. For comprehensive terms and conditions, please refer to the official auction advertisement.
Borrower Name:Sri Mohammed Arif
Auction Type:SARFAESI Auction
Guarantor Names:Mohammed Salma Begum
Possession Status:Symbolic
Encumbrance Details:Nil
This property offers a reasonable investment opportunity due to its location in Vuyyuru and the relatively affordable reserve price. While not a prime investment, it presents a calculated opportunity for those familiar with the local market. Auction terms appear standard, warranting further due diligence before bidding.
Branch:Branch Office : VUYYURU BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:8374092254