ResidentialUpcoming auctionVerified listing
Residential in Lankelapalem
Lankelapalem, Visakhapatnam
Reserve price
₹29.28 L
Auction date
09 Mar 2026
11:00 AM
EMD deadline
29 Oct 2025
4:00 PM
Bid increment
₹10,000.00
Location details
Property Address
Residential flat situated at Surya Towers, Flat no 508, 4th Floor, (G+4), Sy No. 45/39, Plot No 10,11,& 12, Dno: 3-299/13/40, Hospital Road, Prasanthi Nagar, Ward No 56, Gallavanipalem, Aganampudi village, Gajuwaka Zone-V, Property measuring 33 Sq Yrds or 27.59 Sq Mtrs deing undivided and unspecified share of property out of 1226.93 Sqyrds with a plinth area of 1105 Sq ft (inclusive of common areas) registred in the name of Mr. Vaishnava Shrinivas S/o. M Chand Vaishanava vide registered sale deed Doc. No. 53/2020 dated 07.01.2020 at SRO Lankelapalem
Locality: Lankelapalem
City: Visakhapatnam
District: Visakhapatnam
State: Andhra Pradesh
Pin Code: 530012
Country: India
Nearest Airport / Railway Station / Bus Stand
Visakhapatnam
Carpet Area: 1105 sq ft
Built-up Area: 1105 sq ft
Price per Sq Ft: ₹3,400
Project Name: SURYA TOWERS
Floor: 4
Rooms: 2
Age of Construction: 10 years
Unit of Measure: square feet
Auction timeline
Auction starts
09 Mar 2026 at 11:00 AM
Auction ends
09 Mar 2026 at 4:00 PM
EMD submission deadline
29 Oct 2025 at 4:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Residential
Sub Type
Flat
Area
1105 sq ft
(Carpet)Built-up Area
1105 sq ft
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
₹3,400
Property Price
₹31.50 L
Property Identifiers
Bank Property ID
SBIN90662441680
CERSAI ID
200053473494
Collateral ID
78240705994
Property Images
Price history
3 previous auctions₹29,28,000.00
4 Dec 2025
Residential
State Bank of IndiaPossession: Symbolic₹31,50,000.00
29 Oct 2025
Residential
State Bank of IndiaPossession: Symbolic₹37,00,000.00
18 Aug 2025
Residential
State Bank of IndiaPossession: SymbolicBorrower & Loan details
Borrower Name
M/S.SHRINIVASA ENTERRPISES
Registered Address of Borrower
Shrinivasa Enterprises
Rep By Its Prop. Vaishnava Shrinivasa
S/o. M Chand Vaishnava, Plot NO. A/3/5,Survey No. 73, Block B, APIIC Area, Industrial Estate , Auto Nagar, Gajuwaka,
Visakhapatnam, Ap-530012
Mob: 7032054888
Owner
Mr. Vaishnava Shrinivasa
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹1.59 Cr
NPA Date
28 Sept 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78240705994
Customer ID
90662441680
Demand Notice
Notice Date
29 Sept 2022
Notice Amount
₹1.59 Cr
Asset Classification
Classification Date
28 Sept 2022
Classification ID
1
Possession Dates
Physical
31 Jan 2023
Symbolic
31 Jan 2023
Additional details
Property USP
Residential flat situated near Steel Plant Visakhapatnam
Description
Residential flat situated at Surya Towers, Flat no 508, 4th Floor, (G+4), Sy No. 45/39, Plot No 10,11,& 12, Dno: 3-299/13/40, Hospital Road, Prasanthi Nagar, Ward No 56, Gallavanipalem, Aganampudi village, Gajuwaka Zone-V, Property measuring 33 Sq Yrds or 27.59 Sq Mtrs deing undivided and unspecified share of property out of 1226.93 Sqyrds with a plinth area of 1105 Sq ft (inclusive of common areas) registred in the name of Mr. Vaishnava Shrinivas S/o. M Chand Vaishanava vide registered sale deed Doc. No. 53/2020 dated 07.01.2020 at SRO Lankelapalem
EMD Schedule
EMD Start
19 Feb 2026
5:32 PM
EMD Deadline
09 Mar 2026
4:00 PM
Payment Deadline
29 Oct 2025
Inspection Schedule
Inspection Start
19 Feb 2026
5:00 PM
Inspection End
08 Mar 2026
4:00 PM
Officer Details
Authorized Officer
Y KIRAN CHAND
CHIEF MANAGER
Dealing Officer
Y KIRAN CHAND
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 1 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
78240705994
CERSAI ID
200053473494
Property ID
SBIN90662441680
Nearby Amenities
Nearest Station
Visakhapatnam
Property Images
State Bank of India
Verified seller
Branch: SARB VISAKHAPATNAM-10077
IFSC: SBIN
Bank contact
+91 89788 89655+91 91609 49910
Branch Address
ADMIN UNIT, BALAJI NAGAR
SIRIPURAM JUNCTION
VISAKHAPATNAM (ANDHRA PRADESH)Branch IFSC
SBIN0006846Department
SARB VISAKHAPATNAM-10077