Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 3.5
Auction ID:611971
Bank Name:THE GANDHI CO-OPERATIVE URBAN BANK LTD
Branch Name:head Office : Vijayawada
Reserve Price:₹29,500
EMD:₹2,950
Auction Time:3:00 hrs
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-11
Bid Start Date:2025-11-11
Property Description
This is a bank auction property located in Labbipet, Vijayawada, Andhra Pradesh. The property is categorized as 'Others' and is being auctioned by THE GANDHI CO-OPERATIVE URBAN BANK LTD. The borrower for this asset is Shri Bankuri Ravibabu. This is a SARFAESI auction.
State:Andhra Pradesh
City:Vijayawada
Area:Labbipet
Asset Category:Others
Full Address:D.No. 39-14-5, Near RM Motors, Dhati Sumhadri Street, Opp. Gateway Hotel, Labbipet, Vijayawada-10, Labbipet, Vijayawada
Auction Description
THE GANDHI CO-OPERATIVE URBAN BANK LTD is holding a SARFAESI auction for a property in Labbipet, Vijayawada, Andhra Pradesh. The auction will take place on November 11, 2025, from 3:00 PM to 5:00 PM. The reserve price for this 'Others' category property is 29,500.0, with an Earnest Money Deposit (EMD) of 2,950.0 required.
Borrower Name:Shri Bankuri Ravibabu
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This auction presents a calculated opportunity to acquire household goods at potentially discounted prices. However, the nature of the items being sold means careful evaluation is needed. Given the low reserve price and the type of assets, the risk is relatively low, making it a worthwhile exploration for interested parties in the Vijayawada area.
Contact Details
Branch:Branch Office : head Office : Vijayawada
Service Provider:Public Auction
Contact Details:
Contact no: —
