Land for auction Survey 195, 199 Madanapalle, Chittoor by Indian Overseas Bank

This auction features a parcel of residential land located in Madanapalle, within the Chittoor district of Andhra Pradesh. The property is being auctioned by Indian Overseas Bank under SARFAESI provisions. Madanapalle is a growing town with developing infrastructure and potential for residential development. The land offers a blank canvas for construction and investment in the Andhra Pradesh region.

Indian Overseas Bank invites bids for a SARFAESI auction of land in Madanapalle, Chittoor, Andhra Pradesh. The auction for the residential land, previously owned by Mr. M Pawan Kumar, will take place on August 25, 2025, from 11:00 AM to 01:00 PM. The reserve price is INR 2,96,94,000, with an Earnest Money Deposit (EMD) of INR 29,69,400 required to participate. This is a significant opportunity to acquire property in a developing area.