Land for auction 3 Vide Doc. Palasa Srikakulam by SBI

Property for Auction in Palasa, Srikakulam, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Palasa, Srikakulam
Auction Date IconAuction Date:
07-08-2025 11:00 AM

Auction Details

Auction ID:545238

Bank Name:State Bank of India

Branch Name:SARB - Visakhapatnam

Reserve Price:12,60,000

EMD:1,26,000

Service Provider:BAANKNET

Important Dates

Submission Date:06-08-2025 04:00 PM

Bid Start Date:07-08-2025 11:00 AM

Property Description

This offering is for a residential property consisting of land and a building, located in Palasa, Srikakulam district, Andhra Pradesh. The property is being auctioned by the State Bank of India under the SARFAESI Act. It represents a significant real estate opportunity in a developing region. The site is suitable for various purposes and offers potential for development or personal use. Further details regarding the specific dimensions and condition of the land and building can be obtained from the auction notice.

State:Andhra Pradesh

City:Srikakulam

Area:Palasa

Asset Category:Residential

Auction Description

State Bank of India presents a SARFAESI auction for land and building in Palasa, Srikakulam, Andhra Pradesh. This is a prime opportunity to acquire a property formerly associated with M/s. Sri Rama Traders. The auction will commence on August 7, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at ₹12,60,000, with an Earnest Money Deposit (EMD) of ₹1,26,000 required to participate. Don't miss this chance to invest in a valuable asset.

Borrower Name:M/s. Sri Rama Traders

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager) Mobile No : 8099444378

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