Representative illustration — Flat bank auction in Rayilam Village
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Rayilam Village West Godavari 17.1 Lakh by Union Bank of India 12 Jun 2026

Rayilam Village, West Godavari

Area: 1288.00 Sq ft

Door No 1-186, RS No 85/2, Plot no.5, approved lay out plan P.R No.94, Rayilam Village, Rayilam Gram Panchayat, Bhimavaram Mandal, West Godavari District

Union Bank of India · ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve price

₹17,10,000

EMD ₹1,71,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 1288.00 Sq ft
  • Locality: Rayilam Village
  • Reserve: ₹17,10,000
  • EMD: ₹1,71,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityRayilam Village
Built-up / plot area1288.00 Sq ft
LenderUnion Bank of India
BranchASSET RECOVERY BRANCH, VISAKHAPATNAM
Unit / flat no.201
Building / societyAbhinav Plaza
FloorFirst
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Flat bank auction in Rayilam Village, West Godavari by Union Bank of India — reserve price ₹17,10,000, 1288.00 Sq ft, Symbolic possession.

Bank auction property! Seize the opportunity to own a residential flat in Bhimavaram, West Godavari, Andhra Pradesh. This flat, located in Abhinav Plaza, offers 1288.00 sq ft of living space. The e-auction date is 2026-06-12, with a reserve price of ₹1710000.0 and an EMD of ₹171000.0. Don't miss out on this prime investment opportunity in a sought-after location! Contact Union Bank of India for more details.

GeoSquare note: This property offers a reasonable investment opportunity given its residential status and location in Bhimavaram. The reserve price and EMD seem proportionate, however, it carries symbolic posession which may cause some delay. Further due diligence and property inspection is recommended before bidding.

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