Land for auction 23 Extent, Which, Lankelapalem, Visakhapatnam by Nido Home Finance

Property for Auction in Lankelapalem, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Lankelapalem, Visakhapatnam
Auction Date IconAuction Date:
26-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:25-08-2025 05:00 PM

Bid Start Date:26-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact no:9160005011/01/09

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