Property for Auction in Visakhapatnam, Visakhapatnam, Andhra Pradesh
Auction ID:447204
Bank Name:Debts Recovery Tribunal
Branch Name:Visakhapatnam
Reserve Price:₹3,40,00,000
EMD:₹34,00,000
Service Provider:bankeauctions.com / C1 India
Submission Date:18-03-2025 05:00 PM
Bid Start Date:20-03-2025 11:00 AM
The property is a commercial building comprising stilt, ground, and 3 upper floors. It is located at Vattikuti Commercial Complex, bearing D.No. 29-2-16/1, T.S.No 1147 and 1148, in Prakasaraopeta, Waltair ward, within the Greater Visakhapatnam Municipal Corporation, Visakhapatnam. The total plinth area is 4700 Sft, with the stilt floor measuring 1094 Sft and the ground floor measuring 1256 Sft. The property is situated on a piece of land measuring 400 Sq yrds (actual site 288.12 sq.yds after deductions). The property boundaries are: East: Common passage, South: Municipal Lane, West: 60 feet Prakasa Rao Main Road, North: Remaining Partition of land lord V. Pardhasaradhi and V.Atchanna. The location coordinates are 17.713806, 83.303667.
State:Andhra Pradesh
City:Visakhapatnam
Area:Visakhapatnam
Asset Category:Commercial
This is a SARFAESI Auction for a Commercial Property located in Visakhapatnam, Andhra Pradesh, belonging to M/s ARAR Steels. The property is a commercial building with stilt, ground, and 3 upper floors, situated at Vattikuti Commercial Complex, Prakasaraopeta. The total plinth area is 4700 Sft, built on a site of approximately 288.12 sq.yds. The property is associated with Debts Recovery Tribunal and has a reserve price of 34,000,000.00 and an EMD of 3,400,000.00. The auction is scheduled for March 20, 2025, from 11:00 AM to 12:00 PM. For further details, contact Mr. Dharani Krishna at 9948182222.
Borrower Name:M/s ARAR Steels
Auction Type:SARFAESI Auction
Contact No : Mr. Dharani Krishna 9948182222