Property for Auction in Malikipuram, East Godavari, Andhra Pradesh
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609731
Bank Name:Vastu Housing Finance Corporation Ltd
Branch Name:Mumbai
Reserve Price:₹18,00,000
EMD:₹1,80,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:drt.auctiontiger.net
Submission Date:2025-11-14
Bid Start Date:2025-11-15
A residential land and building located in Malikipuram, East Godavari, Andhra Pradesh. This property is being auctioned by Vastu Housing Finance Corporation Ltd. It presents an excellent opportunity for investment or personal use in a developing area. The asset category is residential, making it suitable for housing purposes. The property is situated in a key location within East Godavari, offering potential for future appreciation. The borrower associated with this property is Bala Balaji Poppoppula.
State:Andhra Pradesh
City:East Godavari
Area:Malikipuram
Asset Category:Residential
Full Address:In R.s.no 505/4, 505/5, 505/17, Near Door No 7-61, New Door No 7-87, Block No 7, Assesment No 1651, Near Ramalayam, Malikipuram, Andhra Pradesh
This is a SARFAESI auction conducted by Vastu Housing Finance Corporation Ltd for a residential land and building in Malikipuram, East Godavari, Andhra Pradesh. The auction will commence on November 15, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this auction is ₹1,800,000, with an Earnest Money Deposit (EMD) of ₹180,000. Interested bidders are advised to review all auction terms and conditions prior to participation. This is a timed online auction event.
Borrower Name:Bala Balaji Poppoppula
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a land and building in Malikipuram with a relatively modest reserve price. While the location is not specified as a prime urban center, the auction terms are standard. This presents a calculated opportunity for local investors familiar with the area's potential.
Branch:Branch Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Nelapalli Raju Reddy/Satyanaryana Gumpla
Contact no:9949600034/9703143434