Land and Building for Auction Gangavaram Vijayawada 8.3 Crore by State Bank of India 17 Jun 2026
Gangavaram, Vijayawada
Area: 10406 sq yds
D. No: 184-2, of Gangavaram Village
State Bank of India · Stressed Assets Recovery Branch
Reserve price
₹8,30,00,000
EMD ₹83,00,000
Auction date
17 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 10406 sq yds
- ▸Locality: Gangavaram
- ▸Reserve: ₹8,30,00,000
- ▸EMD: ₹83,00,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Gangavaram |
| Built-up / plot area | 10406 sq yds |
| Lender | State Bank of India |
| Branch | Stressed Assets Recovery Branch |
| Floor | Ground + 4 floors |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Gangavaram, Vijayawada by State Bank of India — reserve price ₹8,30,00,000, 10406 sq yds, Physical possession.
Bank auction property! Prime industrial land and building for sale in Gangavaram, Palnadu. This property features a cold storage plant with Ground + 4 floors, totaling 1,69,759 sq ft on a 10,406 sq yds plot. The e-auction is scheduled for 2026-06-17, with a reserve price of ₹83,000,000 and an EMD of ₹8,300,000. Don't miss this opportunity to invest in a valuable industrial asset in a strategic location. Inspection available from 2026-05-26 to 2026-06-16.
GeoSquare note: The property is an industrial land and building with cold storage facilities located in Palnadu, offered at ₹83,000,000 with physical posession. While the property type is specific and may limit the buyer pool, the physical posession adds value. The auction details are clearly defined, but the property's potential is balanced by its specialized nature and potentially higher investment risk.
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