Flat for auction 1C DESCRIPTION OF IMMOVABLE SECURED ASS, Visakhapatnam, Visakhapatnam ...

Property for Auction in Visakhapatnam, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Flat
Location IconLocation:
Visakhapatnam, Visakhapatnam
Auction Date IconAuction Date:
11-09-2025 12:00 PM

Auction Details

Auction ID:565664

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve Price:72,00,000

EMD:7,20,000

Service Provider:BAANKNET

Important Dates

Submission Date:10-09-2025 05:00 PM

Bid Start Date:11-09-2025 12:00 PM

Property Description

This is a residential flat located in Visakhapatnam, Andhra Pradesh, being auctioned by the Union Bank of India. Situated in the prime area of Visakhapatnam, this property offers a great opportunity for homeownership or investment in a thriving city. The flat is part of a SARFAESI auction, presenting a chance to acquire a valuable asset.

State:Andhra Pradesh

City:Visakhapatnam

Area:Visakhapatnam

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a residential flat in Visakhapatnam, Andhra Pradesh. The auction has a reserve price of INR 72,00,000 and requires an Earnest Money Deposit (EMD) of INR 7,20,000. The auction will take place on September 11, 2025, with bidding open from 12:00 PM to 5:00 PM. This is a public auction, offering a transparent process for interested buyers to acquire the property formerly associated with M/s MS Constructions.

Borrower Name:M/s MS Constructions

Auction Type:SARFAESI Auction

Contact Details

Phone No : 0891-2537792 / 2537782 / Mobile No : 9324517291

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