Land for auction Plot 1-3 Madhurawada, Visakhapatnam by Canara

Property for Auction in Madhurawada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Madhurawada, Visakhapatnam
Auction Date IconAuction Date:
30-09-2025 11:00 AM

Auction Details

Auction ID:579282

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:1,61,25,000

EMD:16,13,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-09-2025 04:00 PM

Bid Start Date:30-09-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Ph: 8332956773, 7095199455

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