Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:611968
Bank Name:Bank of Baroda
Branch Name:BRANCH: ROSARB
Reserve Price:₹18,45,000
EMD:₹1,84,500
Bid Increment:₹10,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:15-11-2025 05:00 PM
Bid Start Date:2025-11-17
Property Description
This is a SARFAESI auction for a vehicle located in Konaseema, Andhra Pradesh. The property is being auctioned by Bank of Baroda, with Mr. Mandapalli Raju listed as the borrower. The auction features a vehicle as the asset category.
State:Andhra Pradesh
City:Konaseema
Area:Konaseema.
Asset Category:Vehicle Auctions
Full Address:#3-54, SC Peta, Alamuru Madiki, Konaseema, Andhra Pradesh-533126, Konaseema, Konaseema
Auction Description
Bank of Baroda is conducting a SARFAESI auction for a vehicle in Konaseema, Andhra Pradesh. The auction begins on November 17, 2025, at 02:00 PM and concludes at 06:00 PM on the same day. The reserve price is INR 18,45,000.0, with an Earnest Money Deposit (EMD) of INR 1,84,500.0 required. This is a prime opportunity to acquire a vehicle through a secured bank auction process.
Borrower Name:Mr.Mandapalli Raju
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The Mahindra Blazo 28 TP BS6 vehicle, auctioned in Konaseema, presents a calculated opportunity. While the reserve price of ₹18,45,000 needs consideration, the vehicle type's utility balances the investment. Auction terms seem standard, requiring due diligence before bidding.
Contact Details
Branch:Branch Office : BRANCH: ROSARB
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no:7569961199
