Property for Auction in Palasa, Srikakulam, Andhra Pradesh
Auction ID:545236
Bank Name:State Bank of India
Branch Name:SARB - Visakhapatnam
Reserve Price:₹3,60,000
EMD:₹36,000
Service Provider:BAANKNET
Submission Date:06-08-2025 04:00 PM
Bid Start Date:07-08-2025 11:00 AM
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
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
Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager) Mobile No : 8099444378