Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613187
Bank Name:Bank of Maharashtra
Branch Name:Zonal Office
Reserve Price:₹3,17,11,000
EMD:₹31,71,100
Bid Increment:₹75,000
Auction Time:1:00 PM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
Discover an exceptional investment opportunity with this prime residential plot located in Bhimavaram, West Godavari, Andhra Pradesh. Situated in a desirable area, this plot offers significant potential for development or personal use. The property is being auctioned by the Bank of Maharashtra under the SARFAESI Act. This is a unique chance to acquire a valuable asset in a growing region. Don't miss out on this bank auction.
State:Andhra Pradesh
City:West Godavari
Area:Bhimavaram
Asset Category:Residential
Full Address:Web Survey no.340-1B, 340-1A-1, Adjacent to Delhi Public School, Towards Bhimavaram to Thadepalligudem road, Gollalakoderu Village & Panchayathi, SRO Gunipudi, Bhimavaram DRO. Palakoderu Mandal, Gollalakoderu Village, Bhimavaram
Size:1.44 cents
Auction Description
This is a SARFAESI auction conducted by the Bank of Maharashtra for a residential plot in Bhimavaram, West Godavari, Andhra Pradesh. The property belongs to M/s Sri Surya Aqua Traders. The auction has a reserve price of INR 3,17,11,000 and requires an EMD of INR 31,71,100. The auction will take place on November 21, 2025, from 01:00 PM to 05:00 PM. Ensure all pre-auction formalities are completed before participating.
Borrower Name:M/s Sri Surya Aqua Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Vathsavayi Sai Venkata Subramanya Varma, Mrs. Kunche Sri Lakshmi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This plot in Bhimavaram represents a strong investment opportunity due to its prime location near a school and the developing road. The reserve price seems reasonable given the area, and the bank auction provides a potential for acquisition below market value, making it a worthwhile consideration.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
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