All auctions / Andhra Pradesh / Madhurawada

960 square feet Flat for sale in REVALLAPALEM Madhurawada

Madhurawada, Visakhapatnam, Andhra Pradesh – 530048

Bank of India · VISAKHAPATNAM-8610

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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

  1. Inspect the property1 Oct 2026, 10:00 AM – 26 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by27 Oct 2026, 4:00 PM
  3. Auction27 Oct 2026, 11:00 AM – 5:00 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
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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