Godown for Auction Kapavaram Village East Godavari 1.4 Crore by Union Bank of India 12 Jun 2026
Kapavaram Village, East Godavari
Area: 4065.60 sq. yds
Kapavaram Village and Panchayat, Biccavolu Mandal
Union Bank of India · ASSET RECOVERY BRANCH, VISAKHAPATNAM
Reserve price
₹1,40,50,000
EMD ₹14,05,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 4065.60 sq. yds
- ▸Locality: Kapavaram Village
- ▸Reserve: ₹1,40,50,000
- ▸EMD: ₹14,05,000
Auction snapshot
| Possession | Symbolic |
| Property type | Godown · Industrials |
| Locality | Kapavaram Village |
| Built-up / plot area | 4065.60 sq. yds |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, VISAKHAPATNAM |
| Unit / flat no. | D.no:4-187 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,41,000 |
| Service provider | BAANKNET |
About this property
Godown bank auction in Kapavaram Village, East Godavari by Union Bank of India — reserve price ₹1,40,50,000, 4065.60 sq. yds, Symbolic possession.
Bank auction property: A rural godown in Biccavole, East Godavari, Andhra Pradesh, available via e-auction. The property, located in Kapavaram Village, measures 4065.60 sq. yds. and is under symbolic possession. Reserve price is ₹14,050,000 with an EMD of ₹1,405,000. Key boundaries are detailed in the sale deed. Note that as per document & physical observation the property is land locked. Perfect for investors looking for industrial properties in Andhra Pradesh. Contact Union Bank of India for inspection and auction details.
GeoSquare note: This godown property in Biccavole is priced at ₹14,050,000 and offers potential for industrial use, despite being landlocked as noted in the details.The symbolic possession and detailed boundary descriptions offer some security, though the lease deed encumbrance should be thoroughly investigated. Considering the location and price range, it's a fair option for investors willing to navigate the challenges.
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