Plot for auction 2 - NAGAVARAM VILLA - Munagapaka - Visakhapatnam by Karnataka Bank

This offering is a residential plot located in Munagapaka, a strategic area within Visakhapatnam, Andhra Pradesh. Ideal for development, this plot presents a chance to invest in the growing real estate market of Visakhapatnam. The property is being auctioned by Karnataka Bank under SARFAESI proceedings. It is categorized as a residential asset, offering flexibility for various construction purposes. Situated in a region with developing infrastructure, this plot is a promising prospect for future appreciation and utility. Don't miss the chance to own a piece of Visakhapatnam's burgeoning landscape.

Karnataka Bank presents a SARFAESI auction for a residential plot in Munagapaka, Visakhapatnam, Andhra Pradesh. This is an excellent opportunity to acquire property in a developing area. The auction is for assets associated with M/s. Power Technologies. The reserve price is ₹13,00,000, with an Earnest Money Deposit (EMD) of ₹1,30,000 required to participate. The auction will be conducted online on October 17, 2025, starting at 11:00 AM and concluding at 11:20 AM. Secure your bid and explore this investment opportunity.