Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614126
Bank Name:Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹53,00,000
EMD:₹5,30,000
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:08-12-2025 05:00 PM
Bid Start Date:2025-12-09
Property Description
This is a SARFAESI auction for a residential Land and Building property located in Visakhapatnam, Andhra Pradesh. The property is being auctioned by the Bank of India. It is an excellent opportunity to acquire a valuable asset in a prime location.
State:Andhra Pradesh
City:Visakhapatnam
Area:Visakhapatnam
Asset Category:Residential
Full Address:27-3-100, D.No: 27-3-100, Srinagar Colony, Gajuwaka, Srinagar Colony, Gajuwaka, Visakhapatnam
Size:137 Sq Yds
Auction Description
Bank of India is conducting a SARFAESI auction for a Land and Building property in Visakhapatnam. The auction will take place on 09-12-2025, starting at 11:00 AM and ending at 05:00 PM. The reserve price is ₹53,00,000 and the EMD is ₹5,30,000. This auction presents a unique chance for interested parties to bid on this residential asset.
Borrower Name:Mr. Kodi Yashwanth Kumar
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Kodi Sai Lakhsmi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a calculated opportunity due to its location in Visakhapatnam and residential land & building type. The reserve price seems reasonable. However, potential investors should conduct a thorough due diligence before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9100471231
