Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610445
Bank Name:Indian Bank
Branch Name:PRAKASAM ROAD BRANCH
Reserve Price:₹59,00,000
EMD:₹5,90,000
Bid Increment:₹50,000
Auction Time:10:00AM-5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
Explore this valuable parcel of land located in the developing area of Vijayawada rural, Krishna district, Andhra Pradesh. This residential land offers significant potential for future development or investment. Situated in a growing region, it presents a unique opportunity for buyers seeking property in a key economic hub of Andhra Pradesh. The asset is being auctioned by Indian Bank.
State:Andhra Pradesh
City:Krishna
Area:Vijayawada rural
Asset Category:Residential
Full Address:501, VJR YALAMANCHALI SQUARE, R.S.No.302/78,7C,8 of Gunadala Village, Vijayawada Municipal Corporation, Krishna Dist, Gunadala, Vijayawada
Building/Society:VJR YALAMANCHALI SQUARE
Size:65.50 sq.yds
Auction Description
Indian Bank presents a SARFAESI auction for a prime piece of land in Vijayawada rural, Krishna district, Andhra Pradesh. The auction begins on November 19, 2025, at 10:00 AM and concludes at 5:00 PM on the same day. The reserve price for this residential land is ₹59,00,000, with an Earnest Money Deposit (EMD) of ₹5,90,000 required to participate. Don't miss this opportunity to acquire property in a rapidly expanding area.
Borrower Name:Mrs. Nakka Jyothi
Auction Type:SARFAESI Auction
Guarantor Names:Nakka Sreedhar
Legal Details
Possession Status:Physical
Encumbrance Details:Known to the bank NIL
Why This Property
The property presents a calculated opportunity due to its location in Vijayawada and the combination of land and flat components. The reserve price is reasonable, but potential investors should conduct thorough due diligence regarding the property's physical condition and legal status before bidding.
Contact Details
Branch:Branch Office : PRAKASAM ROAD BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
