Land for auction 4 Sq. Yds 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:545239

Bank Name:State Bank of India

Branch Name:SARB - Visakhapatnam

Reserve Price:6,75,000

EMD:67,500

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 auction features a residential land and building located in Palasa, Srikakulam, Andhra Pradesh. The property is being auctioned by the State Bank of India under SARFAESI proceedings. It presents a valuable acquisition opportunity in a developing region. The land and building are part of the assets of M/s. Sri Rama Traders. This is a chance to own a residential property with clear bank auction terms. Inspect the property and prepare your bid for this upcoming auction.

State:Andhra Pradesh

City:Srikakulam

Area:Palasa

Asset Category:Residential

Auction Description

State Bank of India invites bids for a SARFAESI auction of land and building in Palasa, Srikakulam, Andhra Pradesh. The auction will take place on 07-08-2025 from 11:00 AM to 04:00 PM. The reserve price is ₹6,75,000, with an Earnest Money Deposit (EMD) of ₹67,500 required. This is a fantastic opportunity to acquire a property through a bank auction. Details regarding the borrower, M/s. Sri Rama Traders, and the specific asset category (Residential) are available. Secure your bid for this promising property.

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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