Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610647
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹16,23,000
EMD:₹1,63,000
Bid Increment:₹10,000
Auction Time:11.00 A.M to 05.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a residential plot located in Movva, Krishna, Andhra Pradesh. The property is part of a SARFAESI auction conducted by Indian Bank. It offers a great opportunity for investment or development in a growing area.
State:Andhra Pradesh
City:Krishna
Area:Movva
Asset Category:Residential
Full Address:1-15/1, Door No.1-15/1, RS No.710/3, Movvapalem Village and Gram Panchayat, Movva Mandal, Krishna Dist, Movvapalem, Krishna
Size:271.00 sq.yards
Auction Description
Indian Bank is holding a SARFAESI auction for a residential plot in Movva, Krishna, Andhra Pradesh. The auction will take place on November 19, 2025, from 11:00 AM to 5:00 PM. The reserve price for this property is ₹16,23,000, with an EMD of ₹1,63,000. Don't miss this chance to bid on a valuable asset.
Borrower Name:M/s Vasavi Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Garlapati Ratnamala
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nill
Why This Property
The property is a plot in Movva, offering potential for development. The reserve price appears reasonable, but a detailed location analysis is recommended. The auction terms are standard, making it a calculated investment opportunity.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:9795199711
