Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613339
Bank Name:Bajaj Finance Ltd.
Branch Name:Regd. Office
Reserve Price:₹32,40,000
EMD:₹3,24,000
Bid Increment:₹25,000
Auction Time:3:00 pm to 5:00 pm
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a bank-auctioned plot of Non-Agricultural Land located in Visakhapatnam, Visakhapatnam, Andhra Pradesh. The property is associated with Mr Veerunaidu Gummudu. It falls under the Residential asset category and is being auctioned by Bajaj Finance Ltd. under SARFAESI regulations. The land offers a prime investment opportunity in a well-developed area.
State:Andhra Pradesh
City:Visakhapatnam
Area:Visakhapatnam
Asset Category:Residential
Full Address:407, M M Paradise, 9-164/4/30 Flat No.407, M M Paradise, Madhurwada, Visakhapatnam
Building/Society:M M Paradise
Size:33.445 sq.mts
Auction Description
Bajaj Finance Ltd. presents a SARFAESI auction for a Non-Agricultural Land in Visakhapatnam, Visakhapatnam. The auction will commence on November 28, 2025, at 03:00 PM and conclude at 05:00 PM on the same day. The reserve price is set at ₹32,40,000, with an Earnest Money Deposit (EMD) of ₹3,24,000 required to participate. This is a unique opportunity to acquire valuable land through a transparent banking auction process.
Borrower Name:Mr Veerunaidu Gummudu
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known
Why This Property
The property offers a combination of land and residential space in Visakhapatnam. While the location is promising, the auction terms and reserve price need careful consideration. It is a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Regd. Office
Service Provider:bankauctions.in
Contact Details:
Mr. Vaibhav Kadam
Contact no:9766231054
