Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609362
Bank Name:Axis Finance Limited
Branch Name:Bangalore
Reserve Price:₹6,59,21,445
EMD:₹65,92,144
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 12:00 NOON
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-11-15
Bid Start Date:2025-11-17
Property Description
This is a residential house located in the Dharamapuri area of Vizianagaram, Andhra Pradesh. The property is being auctioned by Axis Finance Limited. Situated in a well-established locality, this house offers a prime opportunity for buyers looking for a home in Vizianagaram.
State:Andhra Pradesh
City:Vizianagaram
Area:Dharamapuri
Asset Category:Residential
Full Address:Dharmapuri Village, Vizianagaram town and District, Vizianagaram, Dharmapuri, Vizianagaram
Size:7190 sq ft
Auction Description
Axis Finance Limited presents a SARFAESI auction for a residential house in Dharamapuri, Vizianagaram, Andhra Pradesh. The auction will commence on November 17, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this property is ₹6,59,21,445.0, with an EMD of ₹65,92,144.0 required to participate. This is a unique opportunity to acquire a property through a bank auction.
Borrower Name:VENKATARAMANA SIGILIPELLI
Auction Type:SARFAESI Auction
Guarantor Names:PADMA GOWRI SIGILIPELLI, RAVI SANKAR SIGILIPELLI, NAVEEN SIGILIPELLI
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in Vizianagaram with a moderate reserve price. The location is reasonably accessible, and the auction terms are standard. Considering the property type and reserve price, it presents a calculated investment opportunity.
Contact Details
Branch:Branch Office : Bangalore
Service Provider:drt.auctiontiger.net
Contact Details:
Syed Khadarvali / Vachana Swamy
Contact no:9059837786/7406368669
