Land for auction KRM Colony Maddilapalem Visakhapatnam by Canara

A prime parcel of land located in the bustling city of Visakhapatnam, Andhra Pradesh. This valuable asset, situated within the Visakhapatnam area, is being offered for sale by Canara Bank. The property is categorized as residential, presenting an excellent opportunity for development or investment in one of Andhra Pradesh's key economic hubs. Its strategic location ensures accessibility and potential for significant appreciation.

Canara Bank is conducting a SARFAESI auction for a parcel of land in Visakhapatnam, Andhra Pradesh. The auction will take place on 30-09-2025, with bidding open from 11:00 AM to 12:00 PM. The reserve price for this residential land is INR 2,33,50,000, and the Earnest Money Deposit (EMD) is INR 23,35,000. This is a unique opportunity to acquire a valuable plot of land in a desirable location through a transparent bank auction process.