Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610301
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹59,00,000
EMD:₹5,90,000
Bid Increment:₹50,000
Auction Time:10.00AM-5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a residential plot located in Vijayawada rural, Krishna, Andhra Pradesh. The property is being auctioned by Indian Bank under SARFAESI rules. The plot is identified as belonging to Mrs. Nakka Jyothi. This is a great opportunity to acquire land in a developing area.
State:Andhra Pradesh
City:Krishna
Area:Vijayawada rural
Asset Category:Residential
Full Address:501, VJR YALAMANCHALI SQUARE, D No 47-7-37, Flat No: 501, 4th Floor, VJR's Yalamanchili Square, ESI Hospital, Gunadala, Vijayawada
Building/Society:VJR YALAMANCHALI SQUARE
Size:65.50 sq.yds
Auction Description
Indian Bank is conducting an online SARFAESI auction for a residential plot in Vijayawada rural, Krishna, Andhra Pradesh. The auction will be held on November 19, 2025, starting at 10:00 AM and ending at 5:00 PM. The reserve price for this auction is ₹59,00,000, with an Earnest Money Deposit (EMD) of ₹5,90,000 required to participate. This is a prime opportunity to bid on a valuable plot of land.
Borrower Name:Mrs. Nakka Jyothi
Auction Type:SARFAESI Auction
Guarantor Names:Nakka Sreedhar
Legal Details
Possession Status:Physical
Encumbrance Details:Known to the bank NIL
Why This Property
The property, a plot and flat in Vijayawada rural, presents a calculated opportunity due to its location and the ongoing development in the area. While the auction terms are standard, the reserve price of ₹5900000.0 warrants careful consideration of the property's potential for appreciation and rental income, making it suitable for investors with a moderate risk appetite.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
