Property for Auction in Maharani Peta, Visakhapatnam, Andhra Pradesh
Auction ID:556169
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹60,00,000
EMD:₹6,00,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 12:00 PM
A well-located residential flat in Maharani Peta, Visakhapatnam, Andhra Pradesh. This property is part of a bank auction conducted by Union Bank of India under SARFAESI Act. Situated in a developed area of Visakhapatnam, the flat offers convenience and accessibility. Ideal for residents or investors seeking property in a growing urban center. The property is being auctioned with a reserve price of INR 60,00,000.
State:Andhra Pradesh
City:Visakhapatnam
Area:Maharani Peta
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for a residential flat in Maharani Peta, Visakhapatnam, Andhra Pradesh. This is a prime opportunity to acquire property in a sought-after location. The reserve price is INR 60,00,000 with an Earnest Money Deposit (EMD) of INR 6,00,000. The auction is scheduled for August 29, 2025, running from 12:00 PM to 01:00 PM. Don't miss this chance to invest in Visakhapatnam's real estate market.
Borrower Name:M/S MGR Modern Rice Mills
Auction Type:SARFAESI Auction
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