Land for auction 2 Prabhakar. Measurements: Chengalraopeta, Visakhapatnam by Cholamanda...

Property for Auction in Chengalraopeta, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Chengalraopeta, Visakhapatnam
Auction Date IconAuction Date:
25-03-2025 11:00 AM

Auction Details

Auction ID:454847

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:35,00,000

EMD:3,50,000

Service Provider:bankauctions.in

Important Dates

Submission Date:24-03-2025 05:30 PM

Bid Start Date:25-03-2025 11:00 AM

Property Description

The property is a piece of land measuring 61.84 Square Yards or 51.70 Square Meters, with an existing RCC slabbed house. The house comprises a ground floor with a plinth area of 235 square feet and a first floor with a plinth area of 54 square feet. The property is identified by D.No. 26-15-166, Assessment No. 8278, and has an electricity service connection. It is located in the Chengalaraopeta Area, Block No. 2, T.S. No. 58, within the Greater Visakhapatnam Municipal Corporation. The boundaries are as follows: East: House belonging to Patchigolla Sesha Chalapathi Rao, South: Municipal Cement Road, West: Property belonging to Nummakayala Appala Raju, North: Property belonging to Kankatala Prabhakar. The measurements are: East Wing: 22.25" (6.78 Mtrs), South Wing: 24.6" (7.49 Mtrs), West Wing: 23.0" (7.01 Mtrs), North Wing: 24.6" (7.49 Mtrs). The property is being auctioned by Cholamandalam Investment And Finance Company Limited.

State:Andhra Pradesh

City:Visakhapatnam

Area:Chengalraopeta

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential property located in Chengalraopeta, Visakhapatnam, Andhra Pradesh. The property is a plot of land measuring 61.84 Sq. Yds (51.70 Sq.Mts) with an RCC slabbed house. The house consists of a ground floor with a plinth area of 235 sq ft and a first floor with a plinth area of 54 sq ft. It is situated within the limits of the Greater Visakhapatnam Municipal Corporation. The property is associated with Cholamandalam Investment And Finance Company Limited, with a reserve price of 35,000,000.00 and an EMD of 350,000.00. The auction is conducted by bankauctions.in and will take place on March 25, 2025, from 11:00 AM to 01:00 PM. The borrower is Venkata Kiran Kumar Polavarapu.

Borrower Name:Venkata Kiran Kumar Polavarapu

Auction Type:SARFAESI Auction

Contact Details

Contact: Mr. Chaitanya Kumar Pagadala, Muhammed Rahees Mob. No Ph.No.8124000030/6374845616

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