Representative illustration — Commercial Building bank auction in Srungavarapukota
Representative illustration — not the actual property photograph.
Commercial Building Commercial Constructive possession Fair Option

Commercial Building for Auction Srungavarapukota Vizianagaram 3.1 Crore by Bank of India 09 Jun 2026

Srungavarapukota, Vizianagaram

Area: 234.64 Sq. Yards

Block No.2 Pandiri Appanna Junction to R & B Bungalow, East Side of Visakhapatnam - Araku R & B Road, Northern Side of Ramnagar Panchayat Road

Bank of India · Srungavarapukota Branch

Reserve price

₹3,13,11,000

EMD ₹31,31,100

Auction date

09 Jun 2026, 11:00 AM

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Quick read

  • Possession: Constructive
  • Area: 234.64 Sq. Yards
  • Locality: Srungavarapukota
  • Reserve: ₹3,13,11,000
  • EMD: ₹31,31,100

Auction snapshot

PossessionConstructive
Property typeCommercial Building · Commercial
LocalitySrungavarapukota
Built-up / plot area234.64 Sq. Yards
LenderBank of India
BranchSrungavarapukota Branch
FloorGround, First and Second Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Commercial Building bank auction in Srungavarapukota, Vizianagaram by Bank of India — reserve price ₹3,13,11,000, 234.64 Sq. Yards, Constructive possession.

Bank auction property! A commercial building for sale in Srungavarapukota, Vizianagaram. This property includes two sites one with a Ground Floor Commercial Building and another with a Ground, First and Second Floor Commercial Building. The auction is scheduled for 2026-09-06, with a reserve price of ₹31311000.0 and an EMD of ₹3131100.0. Don't miss this opportunity to invest in a prime location. Contact Bank of India for more details.

GeoSquare note: The property is a commercial building in Srungavarapukota, which could be a decent investment. However, the constructive posession status is a risk factor. Given the reserve price of ₹31311000.0, potential investors should carefully evaluate the property's location and potential returns.

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