Land And Building for auction Pathapatnam Srikakulam 37 lakh Indian Bank

Property for Auction in Pathaptnam, Srikakulam, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
276.15 sq.mts.
Reserve Price
36,50,000
Reserve Price
36,50,000
EMD Required
3,65,000
Property Specifications
Size276.15 sq.mts.
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Pathaptnam, Srikakulam
Auction Date IconAuction Date:
28-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613094

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:36,50,000

EMD:3,65,000

Bid Increment:10,000

Auction Time:11:00 AM to 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-27

Bid Start Date:2025-11-28

Property Description

This auction features a valuable land and building asset located in Pathaptnam, Srikakulam, Andhra Pradesh. Owned by Mrs. Yerra Satyavathi, this residential property is being auctioned by Indian Bank under SARFAESI Act. The property offers a significant investment opportunity in a developing region. Its specific location details and dimensions will be provided to interested bidders. The land and building provide a solid foundation for residential or commercial use, subject to local regulations.

State:Andhra Pradesh

City:Srikakulam

Area:Pathaptnam

Asset Category:Residential

Full Address:Survey No.: 1/8, Patta No.: 6, Mouza: Pathapatnam, Taluk: Pathapatnam, Dist.: Srikakulam, Pathapatnam, Srikakulam

Size:276.15 sq.mts.

Auction Description

Indian Bank is conducting a SARFAESI auction for a land and building property in Pathaptnam, Srikakulam, Andhra Pradesh. The auction will take place on November 28, 2025, starting at 11:00 AM and concluding at 5:00 PM. The reserve price for this asset is ₹36,50,000, with an Earnest Money Deposit (EMD) of ₹3,65,000 required to participate. This is a prime opportunity to acquire a property through a transparent banking auction process.

Borrower Name:Mrs. Yerra Satyavathi

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property in Pathapatnam presents a calculated opportunity, given its location and residential land type. The reserve price appears reasonable; however, potential investors should conduct thorough due diligence and consider the specific auction terms. The location, though not a major metropolitan area, could provide steady investment returns.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Contact no:8144849810

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