Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609037
Bank Name:IKF Finance Limited
Branch Name:Head Office : Vijayawada
Reserve Price:₹1,40,00,000
EMD:₹14,00,000
Bid Increment:₹25,000
Auction Time:12:00 PM to 12:30 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-02
Bid Start Date:2025-12-03
Property Description
This is a SARFAESI auction for a residential plot located in Vijayawada, Andhra Pradesh, owned by Mrs. Karri Venkateswari. The property is being auctioned by IKF Finance Limited.
State:Andhra Pradesh
City:Vijayawada
Area:Vijayawada
Asset Category:Residential
Full Address:SAI GURU PLAZAcomplex, SAI GURU PLAZAcomplex, 2nd Floor, Vijayawada, Vijayawada
Building/Society:SAI GURU PLAZAcomplex
Size:99 Sq Yards
Auction Description
IKF Finance Limited is conducting a SARFAESI auction for a residential plot in Vijayawada, Andhra Pradesh. The auction will take place on December 3, 2025, from 12:00 PM to 12:30 PM. The reserve price is ₹1,40,00,000, with an Earnest Money Deposit (EMD) of ₹14,00,000. This is a prime opportunity to acquire a plot in a sought-after location.
Borrower Name:Mrs. Karri Venkateswari
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Karri Srinivasa Rao
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a commercial plot in Vijayawada, but the auction terms and limited information suggest a calculated approach. The reserve price seems reasonable for the area. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Head Office : Vijayawada
Service Provider:Public Auction
Contact Details:
Sri. D. Srinivasa Rao
Contact no:9866509585
