Land for auction - Joint SRO Dwaraka Nagar - Kapparada - Visakhapatnam by PNB

Property for Auction in Kapparada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Kapparada, Visakhapatnam
Auction Date IconAuction Date:
17-04-2025 10:00 AM

Auction Details

Auction ID:472000

Bank Name:Punjab National Bank

Branch Name:Circle Sastra Centre: Vizag

Reserve Price:1,17,90,000

EMD:11,79,000

Service Provider:ebkray

Important Dates

Submission Date:16-04-2025 05:00 PM

Bid Start Date:17-04-2025 10:00 AM

Property Description

The property is a residential land and flat located in Kapparada, Visakhapatnam, Andhra Pradesh, as part of the 'MELODICA' apartment complex. The total land extent is 4452.11 Sq. Yards (3722.54 Sq.Mtrs.). The specific undivided share is 1522.60 Sq. Yards (1273.09 Sq.Mtrs.). The constructed portion includes Flat No. 701 on the 7th floor with a plinth area of 2400 Sq.Ft., which encompasses common areas and balconies. It also comes with a 100 Sq. Ft. car parking space in the sub-cellar. The boundaries for the flat are East: Open to Sky, West: Common Lobby & Lift, North: Open to Sky, South: Flat No.701. The boundaries for the apartment complex 'MELODICA' are East: Botcha Square Complex, West: Road with Drain, North: Site belongs to Dilleswara Rao & Krishna Rao, South: Commercial Tower Exotica.

State:Andhra Pradesh

City:Visakhapatnam

Area:Kapparada

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Punjab National Bank for a residential property located in Kapparada, Visakhapatnam, Andhra Pradesh. The property includes a piece of land measuring 30 square yards (25.083 sq. meters) as an undivided share of 1522.60 Sq. Yards (1273.09 Sq.Mtrs.) in the total extent of 4452.11 Sq. Yards (3722.54 Sq.Mtrs.). Additionally, it features a constructed Flat No. 701 with a plinth area of 2400 Sq.Ft. (including common areas and balconies) on the 7th floor, and one car parking space measuring 100 Sq. Ft. The property is part of the semi-commercial and residential apartment complex 'MELODICA'. The auction has a reserve price of 11,790,000.00 and an EMD of 1,179,000.00. The auction will be held on April 17, 2025, from 10:00 AM to 5:00 PM. The application submission deadline is April 16, 2025, by 5:00 PM. For inquiries, contact 96409 33383.

Borrower Name:Sri Dupaguntla Ramesh & Smt. Dupaguntla Radhika

Auction Type:SARFAESI Auction

Contact Details

Contact Ph: 96409 33383

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