House for auction 2 West: Site, Palasa, Srikakulam by SBI

Property for Auction in Palasa, Srikakulam, Andhra Pradesh

Property Type IconProperty Type:
House
Location IconLocation:
Palasa, Srikakulam
Auction Date IconAuction Date:
07-08-2025 11:00 AM

Auction Details

Auction ID:545236

Bank Name:State Bank of India

Branch Name:SARB - Visakhapatnam

Reserve Price:3,60,000

EMD:36,000

Service Provider:BAANKNET

Important Dates

Submission Date:06-08-2025 04:00 PM

Bid Start Date:07-08-2025 11:00 AM

Property Description

A residential house located in Palasa, Srikakulam, Andhra Pradesh. This property is being auctioned by the State Bank of India. It is categorized as a residential asset and is offered under the SARFAESI Act. The property was associated with the borrower M/s. Sri Rama Traders. Situated in the vibrant area of Palasa within the Srikakulam district, this house presents an excellent opportunity for potential buyers seeking a residential property in a developing region of Andhra Pradesh. The asset category is residential.

State:Andhra Pradesh

City:Srikakulam

Area:Palasa

Asset Category:Residential

Auction Description

State Bank of India presents a SARFAESI auction for a residential house in Palasa, Srikakulam, Andhra Pradesh. This auction offers a unique opportunity to acquire a property with a reserve price of ₹3,60,000 and an earnest money deposit (EMD) of ₹36,000. The auction is conducted under the SARFAESI Act, concerning M/s. Sri Rama Traders. The property is scheduled for auction on August 7, 2025, with bidding open from 11:00 AM to 4:00 PM. Don't miss this chance to invest in Srikakulam.

Borrower Name:M/s. Sri Rama Traders

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager) Mobile No : 8099444378

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