Property for Auction in Madhurawada, Visakhapatnam, Andhra Pradesh
Auction ID:579282
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹1,61,25,000
EMD:₹16,13,000
Service Provider:BAANKNET
Submission Date:29-09-2025 04:00 PM
Bid Start Date:30-09-2025 11:00 AM
Prime residential land parcel located in Madhurawada, Visakhapatnam, Andhra Pradesh. This valuable plot is being auctioned by Canara Bank under SARFAESI provisions. Situated in a developing area with potential for residential construction, this property offers a significant investment opportunity. Madhurawada is a well-connected locality within Visakhapatnam, known for its growing infrastructure and accessibility.
State:Andhra Pradesh
City:Visakhapatnam
Area:Madhurawada
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential land property in Madhurawada, Visakhapatnam. The auction will commence on September 30, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this asset is ₹1,61,25,000, with an Earnest Money Deposit (EMD) of ₹16,13,000 required to participate. This is a direct opportunity to acquire land in a sought-after location through a transparent bank auction process.
Borrower Name:M/s SVK Shipping Services
Auction Type:SARFAESI Auction
Ph: 8332956773, 7095199455