Land for auction 58 Sadananda Nagar, Madhavadhara, Visakhapatnam by Karur Vysya Bank

Property for Auction in Madhavadhara, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Madhavadhara, Visakhapatnam
Auction Date IconAuction Date:
28-03-2025 11:00 AM

Auction Details

Auction ID:455063

Bank Name:Karur Vysya Bank

Branch Name:Visakhapatnam

Reserve Price:3,80,00,000

EMD:38,00,000

Service Provider:bankauctions.in

Important Dates

Submission Date:27-03-2025 05:00 PM

Bid Start Date:28-03-2025 11:00 AM

Property Description

The property is a piece of land measuring 500 sq. yds or 418.065 sq. mts, with a residential building, located in Madhavadhara, Visakhapatnam, Andhra Pradesh. The exact address is D No.39-33-61/1/1, Plot No.58, Block-B, Sadananda Nagar Layout, S.No.289/P, 290/P and 291/P, Sadananda Nagar Layout, Madhavadhara, GVMC, Visakhapatnam District. The property is bounded by a 33 feet wide road to the North, a 40 feet wide road to the East, Plot No. 8-59 to the West, and Plot No. B-64 to the South.

State:Andhra Pradesh

City:Visakhapatnam

Area:Madhavadhara

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by Karur Vysya Bank for a piece of land with a residential building. The property is located in Madhavadhara, Visakhapatnam, Andhra Pradesh. The land extent is 500 sq. yds or 418.065 sq. mts. The auction will take place on March 28, 2025, from 11:00 AM to 1:00 PM. The reserve price is 3,80,00,000 INR, and the Earnest Money Deposit (EMD) is 38,00,000 INR. The property is jointly owned by Shaik Mahaboob Subhani and Shaik Jawaharlal. It is situated at D No.39-33-61/1/1, Plot No.58, Block-B, Sadananda Nagar Layout, S.No.289/P, 290/P and 291/P, Sadananda Nagar Layout, Madhavadhara, GVMC, Visakhapatnam District. The property is bounded by a 33 feet wide road to the North, a 40 feet wide road to the East, Plot No. 8-59 to the West, and Plot No. B-64 to the South. The borrower is M/s. Steel City Shipping Services. The contact number for inquiries is 9949624491.

Borrower Name:M/s. Steel City Shipping Services

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9949624491

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