Plot for auction 5 DESAPATRUNIPALEM Revenue Villa, Paravada, Visakhapatnam by Kotak Mah...

Property for Auction in Paravada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Paravada, Visakhapatnam
Auction Date IconAuction Date:
06-03-2025 12:00 PM

Auction Details

Auction ID:451213

Bank Name:Kotak Mahindra Bank

Branch Name:Registered Office: Mumbai

Reserve Price:12,60,000

EMD:1,26,000

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:05-03-2025 05:00 PM

Bid Start Date:06-03-2025 12:00 PM

Property Description

The property is a plot of land measuring 37 Sqyd (30.936 Sqmt) as an undivided and unspecified share out of a total extent of 1500 Sqyd, bearing Plot No. 5, 6, and 7. It also includes residential Flat No. 306, located on the second floor, with an area of 1000 Sq. Ft. (including common area). The property is situated under Survey No. 171/8 in DESAPATRUNIPALEM Revenue Village, within the Greater Vishakhapatnam Municipal Corporation limits, in the Madal of Paravada, Registration district of Anakapalli, and sub-district of Lankelapalem. The boundaries for the site are: East: Plot No. 4 Site of M.B. Narasimha Murthy; South: Land sold by Nadupuru Guruvulu, J.D. Prasad; West: Plot No. 8 Site of G. Sarada Kumari; North: 30 Feet Wide Road. The boundaries for Flat No. 306 (Second Floor) are: East: Flat No. 307; South: Open to space; West: Flat No. 305; North: Common Corridor.

State:Andhra Pradesh

City:Visakhapatnam

Area:Paravada

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a residential plot located in Paravada, Visakhapatnam, Andhra Pradesh. The property is an undivided share of 37 Sqyd (30.936 Sqmt) in a larger extent of 1500 Sqyd, encompassing Plot Nos. 5, 6, and 7. It also includes residential Flat No. 306 on the second floor, measuring 1000 Sq. Ft. The property is situated within the Greater Vishakhapatnam Municipal Corporation limits, in the Madal of Paravada. The auction is being conducted by Kotak Mahindra Bank, with a reserve price of INR 12,60,000 and an Earnest Money Deposit (EMD) of INR 1,26,000. The auction will take place on March 6, 2025, from 12:00 PM to 1:00 PM.

Borrower Name:Mr. Ajay Kumar Uppada

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9515662010, Mr Nagendra 8976898308

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