Land for auction - CONDOMINIUM - Jagir - Vijayawada by City Union Bank

Property for Auction in Jagir Machavaram, Vijayawada, Andhra Pradesh

Reserve Price
65,00,000
Map Preview Unavailable
Reserve Price
65,00,000
EMD Required
6,50,000
Property Specifications
Society/Building
Size
Unit No.
Floor
Possession Status
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Jagir Machavaram, Vijayawada
Auction Date IconAuction Date:
29-05-2025 01:00 PM

Auction Details

Auction ID:492510

Bank Name:City Union Bank

Branch Name:Credit Recovery and Management Department

Reserve Price:65,00,000

EMD:6,50,000

Service Provider:Public Auction

Important Dates

Submission Date:29-05-2025 12:00 PM

Bid Start Date:29-05-2025 01:00 PM

Property Description

The property consists of land and a building, specifically an apartment complex named 'Vasanth Gokul'. The auction includes an undivided share of land measuring 47.050 Sq. yards (30.297 Sq. meters). Additionally, Flat No. 302 on the second floor of the apartment complex is part of the auction. This flat has a plinth area of 1,100 Sq. feet, with an additional 50 Sq. feet of common area and 60 Sq. feet of car parking. The property is situated in Jagir Machavaram, Vijayawada, within the Municipal Corporation Area, with specific survey and ward details provided in the auction listing. The boundaries are defined as Municipal Road (East), property of Kondiparthi Shovannarayana (South), property of E Pumachandra Rao and others (West), and property of Gullapalli Madhusudhara Rao, Ram Kumar (North).

State:Andhra Pradesh

City:Vijayawada

Area:Jagir Machavaram

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Land and Building property located in Jagir Machavaram, Vijayawada, Andhra Pradesh. The auction is being conducted by City Union Bank and is scheduled for May 29, 2025, from 1:00 PM to 2:00 PM. The reserve price is 65,00,000.00 and the EMD is 6,50,000.00. The property includes an undivided share of 47.050 Sq. yards (30.297 Sq. meters) of land along with a flat (No. 302, Second Floor) in the 'Vasanth Gokul' apartment complex, with a plinth area of 1,100 Sq. feet, common area of 50 Sq. feet, and car parking area of 60 Sq. feet. The property is bounded by Municipal Road to the East, property of Kondiparthi Shovannarayana to the South, property of E Pumachandra Rao and others to the West, and property of Gullapalli Madhusudhara Rao, Ram Kumar to the North. The borrower is M/s. Sree Associates.

Borrower Name:M/s. Sree Associates

Auction Type:SARFAESI Auction

Contact Details

Branch:Branch Office : Credit Recovery and Management Department

Service Provider:Public Auction

Contact Details:

Contact no: —

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