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2 BHK Individual House for sale in LALITHA ENCLAVE, BAKKANAPALEM Madhurawada

Madhurawada, Visakhapatnam, Andhra Pradesh – 530041

Canara Bank · VISHAKAPATNAM MADHURAWADA-II-13588

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹29,00,000
EMD
₹2,90,000
Bid increment
₹25,000
Area
820 sq ft
Price per sq ft
₹3,537

This is the 2nd auction of this property. The reserve price is 9.4% lower than at the last auction (₹32,00,000 on 24 Sep 2026, 2:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property26 Sep 2026, 10:00 AM – 22 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by23 Oct 2026, 1:00 PM
  3. Auction23 Oct 2026, 2:00 PM – 3:00 PM · in 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
23 Oct 2026₹29,00,000-9.4%Upcoming
24 Sep 2026₹32,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,90,000
Rest of 25% when you win (same or next day)
₹4,35,000
Balance 75%, usually within 15 days
₹21,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.45 L – ₹2.32 L

You may bid above the reserve in steps of ₹25,000. 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 · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
FLAT NO 402 DR no.7-254/11,S.NO 26/3P,26/9P& 26/10P ,Plot No 254 & 255SRI LALITHA ENCLAVE ,SIDDARTHA NAGAR LAY OUT,BAKKANNAPALEM,
Borrower
YARAMASU ARUNA

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