Plot for auction 5 Madhurawada Villa, Madhurawada, Visakhapatnam by Axis

Property for Auction in Madhurawada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Plot
Location IconLocation:
Madhurawada, Visakhapatnam
Auction Date IconAuction Date:
30-06-2025 11:00 AM

Auction Details

Auction ID:513465

Bank Name:Axis Bank

Branch Name:Registered Office : Ahmedabad

Reserve Price:38,36,250

EMD:3,83,625

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:27-06-2025 04:00 PM

Bid Start Date:30-06-2025 11:00 AM

Property Description

A vacant site measuring 1468.67 Sq. Yds. (1227.29 Sq.Mts.) in Madhurawada, Visakhapatnam, Andhra Pradesh. The site is approved by VUDA (LR.S.R.C.No.3647/10/L5, dated 23-03-2017) and falls under Survey No.209 part. It is bounded by a road to the east, land belonging to Pila Appala Narasimiha & others and Yellaya Narayanmma & others to the south, land sold by Pothina Appadu to others to the west, and land belonging to Konda Bheema and Kota Nooka Ratnam to the north. The site has measurements of 78.0 ft (East), 178.0 ft (South), 68.0 ft (West), and 183.9 ft (North). Additionally, the property includes an undivided and unspecified extent of site measuring 46.20 Sq. Yds. (38.62 Sq.Mts.) along with Flat No. 405 on the Third Floor. This flat has a built-up area of 1120 SFL (793 Sft plinth area + 60 Sft balcony + 257 Sft common area) and 100 Sft of car parking. The flat is located in "VISHWANADH AVENUE-18" and is bounded by Lift and Flat No.404 (East), Open to Sky (South), Flat No. 406 (West), and Common Corridor (North). The property is semi-constructed and includes a lift.

State:Andhra Pradesh

City:Visakhapatnam

Area:Madhurawada

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Axis Bank for a semi-constructed residential plot located in Madhurawada, Visakhapatnam, Andhra Pradesh. The property measures 1468.67 Sq. Yds. and includes an undivided share of land along with Flat No. 405 on the third level of "VISHWANADH AVENUE-18". The building area for the flat is 1120 SFL, which includes plinth area, balcony, and common area, plus 100 Sft for car parking. The auction is scheduled for June 30, 2025, with the application submission deadline on June 27, 2025. The reserve price is INR 38,36,250.00 and the EMD is INR 3,83,625.00. The property is described as being approved by VUDA and is situated within the Greater Visakhapatnam Municipal Corporation limits.

Borrower Name:SRI KANIMERAKA MADHAVA NAIDU

Auction Type:SARFAESI Auction

Contact Details

contact No. 917382922383

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