House for Auction Allipuram Visakhapatnam 9.1 Lakh by Union Bank of India 24 Jun 2026
Allipuram, Visakhapatnam
Area: 430 Sq. ft
Block No: C1, Flat No: SF-01, Rajeev Nagar, Visakhapatnam Urban
Union Bank of India · AKKAYYAPALEM BRANCH
Reserve price
₹9,14,000
EMD ₹91,400
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 430 Sq. ft
- ▸Locality: Allipuram
- ▸Reserve: ₹9,14,000
- ▸EMD: ₹91,400
Auction snapshot
| Possession | Constructive |
| Property type | House · Residential |
| Locality | Allipuram |
| Built-up / plot area | 430 Sq. ft |
| Lender | Union Bank of India |
| Branch | AKKAYYAPALEM BRANCH |
| Unit / flat no. | SF-01 |
| Building / society | Rajeev Nagar |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹9,140 |
| Service provider | BAANKNET |
About this property
House bank auction in Allipuram, Visakhapatnam by Union Bank of India — reserve price ₹9,14,000, 430 Sq. ft, Constructive possession.
Bank auction property! Don't miss this opportunity to own a 1BHK flat in Rajeev Nagar, Allipuram, Visakhapatnam. This flat, located in Block C1, Flat No: SF-01 on the Second Floor, offers 430 Sq. Ft of living space. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹914000.0 and an EMD of ₹91400.0. Located in a prime residential area, this property is ideal for families or investors seeking a valuable asset in Visakhapatnam. Seize the chance to bid on this fantastic bank auction property!
GeoSquare note: This flat in Allipuram presents a reasonable investment opportunity given its price range and location in Visakhapatnam. While the size is modest, the location and potential rental income make it a fair option. The constructive posession adds a layer of risk, suggesting further due diligence is needed.
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