Plot for Auction Seethammadhara Visakhapatnam 63 Lakh by Bank of India 29 Jun 2026
Seethammadhara, Visakhapatnam
Area: 40 Sq. Yards
D No.6-1-1/1/24, Asst. No. 1086143850 covered by Block No.31 T.S.No.961 part of waltair ward
Bank of India · Asset Recovery Branch
Reserve price
₹63,00,000
EMD ₹6,30,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 40 Sq. Yards
- ▸Locality: Seethammadhara
- ▸Reserve: ₹63,00,000
- ▸EMD: ₹6,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Seethammadhara |
| Built-up / plot area | 40 Sq. Yards |
| Lender | Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | 306 |
| Building / society | MVV ESTATES |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in Seethammadhara, Visakhapatnam by Bank of India — reserve price ₹63,00,000, 40 Sq. Yards, Symbolic possession.
Bank auction property! Seize the opportunity to own a plot with a flat in the heart of Seethammadhara, Visakhapatnam. This residential plot features a flat bearing Flat No:306 measuring 1150 Sft in Second Floor with car parking, part of MVV Estates. The e-auction is scheduled for 2026-06-29, with a reserve price of ₹6300000.0 and an EMD of ₹630000.0. Don't miss out on this chance to invest in a prime location. Contact Bank of India for further details and property inspection.
GeoSquare note: The property, a plot with a flat in Seethammadhara, Visakhapatnam, is offered at a reserve price of ₹6300000.0. Its location is decent, however, the possession status is symbolic. Given the symbolic possession, potential investors should conduct thorough due diligence before bidding. The property can be considered as a fair investment option.
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