Plot for auction KRM colony Maddilapalem Villa, Maddilapalem, Visakhapatnam by Canara

The property is located in KRM colony, Maddilapalem Village, within the Greater Visakhapatnam Municipal Corporation area, Visakhapatnam SRO, Visakhapatnam District, Andhra Pradesh. It comprises an extent of 400 Sq. Yds of site together with an old slabbed house bearing D.No. 53-32-1(1) and 53-32-1/A, covered by old S.No. 4 part, New survey No.7/4 part. The property belongs to Molli Appa Rao, Molli Venkata Gopala Krishna Rao, and Molli Venkata Nageswara Rao. The building structure includes a Ground Floor of 2000 Sft (RCC) and a First Floor of 2000 Sft (RCC).

This is a SARFAESI Auction for a Residential Plot in Maddilapalem, Visakhapatnam, Andhra Pradesh. The property is a plot of land measuring 400 Sq. Yds with an old slabbed house. The house has a Ground Floor of 2000 Sft (RCC) and a First Floor of 2000 Sft (RCC). The auction is being conducted by Canara Bank, ARM Branch, with BAANKNET as the service provider. The Reserve Price is 25,922,000.0 and the EMD is 2,593,000.0. The auction starts on July 30, 2025, at 3:00 PM and ends on July 30, 2025, at 4:00 PM. Application submission deadline is July 30, 2025, at 2:00 PM.