Representative illustration — Land And Building bank auction in Kotipalli Village
Representative illustration — not the actual property photograph.
Land And Building Residential Fair Option

Land and Building for Auction Kotipalli Village Srikakulam 50 Lakh by Union Bank of India 12 Jun 2026

Kotipalli Village, Srikakulam

Area: 1694 Sq yds

Sy No 181-7 Near Ammavari Temple, Kotipalli Village and Panchayat, Ponduru Mandal, Srikakulam Dist. Andhra Pradesh-532168

Union Bank of India · Regional Office : Srikakulam

Reserve price

₹50,00,000

EMD ₹5,00,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Area: 1694 Sq yds
  • Locality: Kotipalli Village
  • Reserve: ₹50,00,000
  • EMD: ₹5,00,000

Auction snapshot

Possession
Property typeLand And Building · Residential
LocalityKotipalli Village
Built-up / plot area1694 Sq yds
LenderUnion Bank of India
BranchRegional Office : Srikakulam
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Land And Building bank auction in Kotipalli Village, Srikakulam by Union Bank of India — reserve price ₹50,00,000, 1694 Sq yds.

Seize the opportunity to own a valuable land and building through a bank auction property in Ponduru, Srikakulam. This property, featuring a vacant site and RCC & GL sheet building, spans 1694 Sq yds in a prime location near Ammavari Temple. The auction, conducted by Union Bank of India, offers a reserve price of ₹5000000.0, with an EMD of ₹500000.0. Located in Kotipalli Village and Panchayat, this bank auction property presents an excellent investment in a developing area. Don't miss out on this chance to acquire a strategically located property through a transparent auction process.

GeoSquare note: The property is a land and building in Ponduru, offered at a reserve price of ₹5000000.0. While the location is specified, its potential is moderate. The lack of clarity on the posession status affects its immediate usability and investment appeal.Therefore, it's a fair option requiring careful evaluation before investment.

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