Property for Auction in Lankelapalem, Visakhapatnam, Andhra Pradesh
Auction ID:544600
Bank Name:Nido Home Finance Limited
Branch Name:Regd.Office : Mumbai
Reserve Price:₹36,43,568
EMD:₹3,64,356
Service Provider:drt.auctiontiger.net
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
The secured asset is land measuring 1790.8 Sq. Yds or 1497.341 Sq Mts, covered by Survey No 279/23, 24, 28 & 280 of Desapatrunipalem Village, Parawada Mandal, within the Greater Vishakhapatnam Municipal Corporation, in the jurisdiction of Lankelapalem Sub-Registar Office, Vishakhapatnam District. The property boundaries are: East: 30 Feet Wide Road, South: Land Sold By Nanepalli Kannayya And Others, West: Land Belongs To Amarapini Narasamma, Nagireddy Appa Rao And Others, North: Land Belongs To Nanepalli Kannayya And Others. Measurements are: East Wing: 102'-5", South Wing: 154'-0", West: 102'-5", North: 160-0". Additionally, the auction includes an undivided and unspecified share of 44.Sq.Mts along with Flat No 404 (1000 Sft built-up area inclusive of common area) on the fourth floor and a car parking space of 80sft in the cellar floor of Sai Steel Towers, Desapatrunipalem Area, Visakhapatnam 531021. The boundaries for the flat are: East: Set Back Open Space And Staircase, South: Common Corridor, West: Set Back Open Space, North: Set Back Open Space.
State:Andhra Pradesh
City:Visakhapatnam
Area:Lankelapalem
Asset Category:Residential
This is a SARFAESI auction for land in Lankelapalem, Visakhapatnam, Andhra Pradesh, conducted by Nido Home Finance Limited. The property measures 1790.8 Sq. Yds (1497.341 Sq Mts) and is located within the Greater Vishakhapatnam Municipal Corporation, under the Lankelapalem Sub-Registrar Office. The auction has a reserve price of 3,643,568.0 and an EMD of 364,356.0. The auction will be held on 26-08-2025 from 11:00 AM to 12:00 PM.
Borrower Name:CHUKKA RAMUNAIDU
Auction Type:SARFAESI Auction
Contact no:9160005011/01/09