Property for Auction in Pathaptnam, Srikakulam, Andhra Pradesh
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
Submission Date:2025-11-27
Bid Start Date:2025-11-28
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.
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:8144849810