All auctions / Andhra Pradesh / Madhurawada
960 square feet Flat for sale in REVALLAPALEM Madhurawada
Madhurawada, Visakhapatnam, Andhra Pradesh – 530048
Bank of India · VISAKHAPATNAM-8610
- Reserve price
- ₹27,41,000
- EMD
- ₹2,74,100
- Bid increment
- ₹50,000
- Area
- 960 sq ft
- Price per sq ft
- ₹2,855
This is the 2nd auction of this property. The reserve price is 10% lower than at the last auction (₹30,46,000 on 9 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property1 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
- Pay EMD and submit bid by27 Oct 2026, 4:00 PM
- Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹27,41,000 | -10.0% | Upcoming |
| 9 Sep 2026 | ₹30,46,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,74,100
- Rest of 25% when you win (same or next day)
- ₹4,11,150
- Balance 75%, usually within 15 days
- ₹20,55,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.37 L – ₹2.19 L
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Residential · Flat
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- SCHEDULE – A (Description of Immovable Property) All that part and parcel of the property (flat) measuring an extent of 38.5 Sq.yards or 32.18 Sq.mtrs being an undivided and unspecified share out of 750.4 Sq.yards in total extent of 1007 Sq.yards together with this flat bearing flat FF-1 in fourth floor measuring 960 Sq.ft bearing D.No:7-108/1/21 at S.No:204/4 inclusive of common areas and car parking of 80 Sq.ft in stilt floor of Lakshmi Nivas situated at Revellapalem area, Madhurawada Sub-Registrar Office, Greater Visakhapatnam Municipal Corporation limits of Visakhapatnam. Measurements: As per Sale Deed As per actual EAST : Vacant site of A Naga Padmaja SOUTH : Vacant site of Sri Ramulu WEST : Vacant site of A Satyavathi NORTH : 30 ft. wide Road Boundaries of flat FF-1 in fourth floor as follows: EAST : Common corridor SOUTH : Flat No. FF-2 WEST : Open to sky NORTH : Open to sky
- Borrower
- KARRI RAJKUMAR
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