Plot for auction 457 Item: Site, Maddilapalem, Visakhapatnam by Canara

A valuable residential plot located in Maddilapalem, Visakhapatnam, Andhra Pradesh. This property is being auctioned by Canara Bank under SARFAESI proceedings. Situated in a developing area, the plot offers potential for residential development. Maddilapalem is a well-connected locality within Visakhapatnam, known for its accessibility to essential services and infrastructure. The asset category is residential, making it suitable for building a home or for investment purposes. The specifics of the plot, including its dimensions and boundaries, will be detailed in the official auction documents.

Canara Bank is conducting a SARFAESI auction for a prime plot in Maddilapalem, Visakhapatnam, Andhra Pradesh. The auction is for the property associated with M/s SOWRYA CONSTRUCTIONS. The reserve price is set at INR 2,27,48,000, with an Earnest Money Deposit (EMD) of INR 22,75,000. This is a unique opportunity to acquire a residential plot in a sought-after location. The auction will take place on August 6, 2025, with bidding open from 3:00 PM to 4:00 PM. Interested bidders are advised to review all auction terms and conditions before participating.