Property for Auction in Palasa, Srikakulam, Andhra Pradesh
Auction ID:545239
Bank Name:State Bank of India
Branch Name:SARB - Visakhapatnam
Reserve Price:₹6,75,000
EMD:₹67,500
Service Provider:BAANKNET
Submission Date:06-08-2025 04:00 PM
Bid Start Date:07-08-2025 11:00 AM
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
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
Authorised Officer's Details: Name: Mr. Y. Srikant (Chief Manager) Mobile No : 8099444378