Land And Building for auction D.No. 7-781 Kalapaka Visakhapatnam by SBI

This offering presents a prime opportunity to acquire a Land and Building asset located in the industrial hub of Paravada, Visakhapatnam, Andhra Pradesh. The property, associated with M/s Vivan Enterprises, falls under the residential asset category. It is situated in a developing region with potential for both residential and commercial utility. The State Bank of India is facilitating this auction, presenting a chance for investors and buyers to secure a property in a strategically important area of Visakhapatnam. The auction is conducted under the SARFAESI Act.

State Bank of India is conducting an SARFAESI auction for a Land and Building property in Paravada, Visakhapatnam, Andhra Pradesh. The auction begins on September 24, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹67,00,000, with an Earnest Money Deposit (EMD) of ₹6,70,000 required to participate. This is a unique chance to acquire a property through a transparent bank auction process. Interested bidders are advised to review all auction terms and conditions, and conduct their due diligence prior to bidding.