Commercial Property for Auction Santosh Nagar Prakasam 26.5 Lakh by Union Bank of India 12 Jun 2026
Santosh Nagar, Prakasam
Area: 253.33 Sq. Yds
S.No. 579/2 & 10, near D.No. 11-1-95, Vikkiralapeta Road, near Vijaya Balaji Kalyana Mandapam, Santosh Nagar, near to R&B Bungalow
Union Bank of India · Asset Recovery Branch
Reserve price
₹26,54,000
EMD ₹2,65,400
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 253.33 Sq. Yds
- ▸Locality: Santosh Nagar
- ▸Reserve: ₹26,54,000
- ▸EMD: ₹2,65,400
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Santosh Nagar |
| Built-up / plot area | 253.33 Sq. Yds |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Auction type | SARFAESI Auction |
| Bid increment | ₹26,540 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Santosh Nagar, Prakasam by Union Bank of India — reserve price ₹26,54,000, 253.33 Sq. Yds, Symbolic possession.
Bank auction property! Seize the opportunity to acquire a commercial godown in Kandukur, Prakasam District, Andhra Pradesh. This 253.33 sq. yds godown is strategically located on Vikkiralapeta Road, near Vijaya Balaji Kalyana Mandapam. The auction, conducted by Union Bank of India, features a reserve price of ₹2,654,000 and an EMD of ₹265,400. Don't miss out on this excellent investment opportunity. Contact Mr. Chinnam Vinay Vardhan at 9177686008 for more details.
GeoSquare note: The property is a commercial godown in Kandukur, offered at a reserve price of ₹2,654,000 with symbolic possession. While the location is potentially advantageous, it is listed in prohibited list which affect its investment rating. Interested buyers should thoroughly investigate the site and location before participating in the auction.
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