Plot for auction 58 Sadananda Nagar, Madhavadhara, Visakhapatnam by Karur Vysya Bank

The property is a residential plot measuring 500 sq. yds (418.065 sq. mts) with a residential building, situated at D No.39-33-61/1/1, Plot No.58, Block- B, Sadananda Nagar Layout, S.No.289/P, 290/P and 291/P, Sadananda Nagar Layout, Madhavadhara, Visakhapatnam District, Andhra Pradesh. The property is bordered by a 33 feet wide road to the North, a 40 feet wide road to the East, Plot No. B-59 to the West, and Plot No. B-64 to the South.

This is a SARFAESI Auction for a residential plot located in Madhavadhara, Visakhapatnam, Andhra Pradesh, presented by Karur Vysya Bank. The property, identified as D No.39-33-61/1/1, Plot No.58, Block- B, Sadananda Nagar Layout, S.No.289/P, 290/P and 291/P, spans 500 sq. yds (418.065 sq. mts) and includes a residential building. It is jointly owned by Shaik Mahaboob Subhani and Shaik Jawaharlal, acquired through Registered Sale Deed No.1503/96 dt.09.05.1996. The plot is bounded by a 33 feet wide road to the North, a 40 feet wide road to the East, Plot No. B-59 to the West, and Plot No. B-64 to the South. The auction has a reserve price of INR 3,80,00,000 and an EMD of INR 38,00,000. The auction will be conducted by bankauctions.in, with the auction starting on 29-07-2025 at 11:00 AM and ending on 29-07-2025 at 01:00 PM. Applications must be submitted by 28-07-2025 at 05:00 PM. For inquiries, contact the Authorised Officer at 9949624491.