Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610799
Bank Name:IDBI Bank
Branch Name:Regional Office
Reserve Price:₹29,02,500
EMD:₹2,91,000
Auction Time:11.00 am onwards
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-04
Property Description
This auction features a residential plot located in Vizianagaram, Vizianagaram, Andhra Pradesh. Situated in a developing area, this plot offers a prime opportunity for construction. The property is being auctioned by IDBI Bank under the SARFAESI Act. It's a great chance to acquire land in a growing city. Perfect for building your dream home or as an investment.
State:Andhra Pradesh
City:Vizianagaram
Area:Vizianagaram
Asset Category:Residential
Full Address:Sy.no:70/3, 4, 5, 12, 13, 14 & 15, Jammunarayanpuram Village, Vizianagram Municipality & Mandalam, Jammunarayanpuram Village, Vizianagaram
Size:3712.417 Sq.mts
Auction Description
IDBI Bank is conducting a SARFAESI auction for a residential plot in Vizianagaram, Andhra Pradesh. The auction will take place on December 4, 2025, from 11:00 AM to 12:00 PM. The reserve price for this plot is ₹29,02,500, with an Earnest Money Deposit (EMD) of ₹2,91,000 required to participate. This is a unique opportunity to own a plot in Vizianagaram.
Borrower Name:Bank Property
Auction Type:SARFAESI Auction
Guarantor Names:Smt Pandrinki Leelavathi
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Vizianagaram presents a calculated investment opportunity. While the location may not be prime, the price point and clear title through bank auction offer potential for value appreciation. Further due diligence on local market trends is advised before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:bankeauctions.com / C1 India
Contact Details:
Abdul Khadar S
Contact no:9980073255
