Property Type:
Location:
Auction Date:Auction Details
Auction ID:583707
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch
Reserve Price:₹46,00,000
EMD:₹4,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:27-09-2025 05:00 PM
Bid Start Date:29-10-2025 11:00 AM
Property Description
This is a residential house located in Narsipatnam, Visakhapatnam, Andhra Pradesh. The property is being auctioned by the State Bank of India. It represents an excellent opportunity to acquire a house in a developing area. The property is offered under the SARFAESI Act.
State:Andhra Pradesh
City:Visakhapatnam
Area:Narsipatnam
Asset Category:Residential
Auction Description
State Bank of India is conducting an e-auction for a residential property in Narsipatnam, Visakhapatnam, Andhra Pradesh. The auction is initiated under the SARFAESI Act due to loan default by M/s. Sasi Vardhani Agro Foods. The reserve price is set at ₹46,00,000, with an Earnest Money Deposit (EMD) of ₹4,60,000. The auction will take place on 29th October 2025, commencing at 11:00 AM and concluding at 04:00 PM.
Borrower Name:M/s. Sasi Vardhani Agro Foods
Auction Type:SARFAESI Auction
Contact Details
Contact Authorised Officer's Details: Name: Mr.B. Vara Prasad (Chief Manager), Mobile No.77028 77188,
