Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614636
Bank Name:Andhra Pradesh State Financial Corporation
Branch Name:Vishakapatnam
Reserve Price:₹4,32,25,000
EMD:₹64,85,000
Auction Time:02:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:10-12-2025 05:00 PM
Bid Start Date:2025-12-11
Property Description
This is a SARFAESI auction for a residential land and building located in Waltair, Visakhapatnam, Andhra Pradesh. The property was formerly owned by Smt. Kukkala Krishna Kumari. This is a valuable opportunity to acquire real estate in a prime location within Visakhapatnam.
State:Andhra Pradesh
City:Visakhapatnam
Area:Waltair
Asset Category:Residential
Full Address:Plot No.17, Gokul Nivas, D.Nos. 9-29-10A & 10/2, Gokul Nivas, Balaji Nagar, Siripuram, Waltair Ward, Visakhapatnam, Waltair, Visakhapatnam
Building/Society:Gokul Nivas
Size:338.5 Sq. Yds
Auction Description
The Andhra Pradesh State Financial Corporation is conducting an online SARFAESI auction for a land and building property. The auction will commence on December 11, 2025, at 2:00 PM and conclude at 5:00 PM on the same day. The reserve price for this auction is INR 4,32,25,000, with an Earnest Money Deposit (EMD) of INR 64,85,000 required to participate. Interested bidders are advised to review all auction terms and conditions before participating.
Borrower Name:Smt. Kukkala Krishna Kumari
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Kukkala Venkata Rama Vidyasagar, Sri. Kukkala Mohan Nageshwar
Legal Details
Possession Status:AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a good locality of Visakhapatnam and is a residential building. The reserve price seems reasonable given the location, but potential buyers should thoroughly inspect the property before bidding. Due diligence is advised to assess market value and any potential encumbrances.
Contact Details
Branch:Branch Office : Vishakapatnam
Service Provider:Public Auction
Contact Details:
Senior Branch Manager
Contact no: —
