Property for Auction in Bakkannapalem, Visakhapatnam, Andhra Pradesh
Auction ID:556170
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹40,50,000
EMD:₹4,05,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 12:00 PM
This is a residential flat located in Bakkannapalem, Visakhapatnam, Andhra Pradesh. The property is being auctioned by Union Bank of India under SARFAESI Act. Situated in a recognized area, this flat offers a comfortable living space. Bakkannapalem is a developing locality within Visakhapatnam, known for its accessibility and growing infrastructure. The property is ideal for individuals or families looking to invest in a home in a prime location. Further details regarding the specific amenities and condition of the flat can be obtained from the official auction notice issued by the bank.
State:Andhra Pradesh
City:Visakhapatnam
Area:Bakkannapalem
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential flat in Bakkannapalem, Visakhapatnam, Andhra Pradesh. The auction will take place on August 29, 2025, from 12:00 PM to 01:00 PM. The reserve price is INR 40,50,000, with an Earnest Money Deposit (EMD) of INR 4,05,000 required. This is a valuable opportunity to acquire a property in a developing area of Visakhapatnam. Interested bidders are encouraged to review all auction terms and conditions provided by Union Bank of India. Don't miss this chance to own a home through a secure and transparent bank auction process.
Borrower Name:Mr. Venkata Ramana Chava
Auction Type:SARFAESI Auction
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