Property for Auction in Resapuvanipalem, Visakhapatnam, Andhra Pradesh
Auction ID:548156
Bank Name:Union Bank of India
Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM
Reserve Price:₹4,60,00,000
EMD:₹46,00,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 12:00 PM
Property-1: As per Sale Deed Number 772/2009 dated 27.02.2009: All that site measuring 360 Sq. Yds or 301.006 Sq. Mts together with RCC Building measuring 1150 Sft. Ground Floor and 1150 Sft. First Floor bearing Door No 50-1-50, Asst. No 46500/17, Water tax Asst. No 45500/785, Electricity Service Connection Nos 58298 & 73602 covered by S No 7 of Resapuvanipalem Village within the limits of Greater Visakhapatnam Municipal Corporation area in the registration joint Sub district of Visakhapatnam. As per Engineer Valuation Report: Urban Residential Land & Building in an extent of 360.00 Sq. Yds and building there on with total plinth area of 8119 S (te consisting of total four floors with plinth of 2374 Sft each in Ground Floor, First Floor, Second Floor and 997 Sft. in Third Floor) as per BPS. O No.50-1-50 in S. No 7 of Resapuvanipalem village, Near Allun Seetharama Raju Statue, ASR Nagar, Seethammadhara, Visakhapatnam, in the registration sub district of Visakhapatnam bounded by: Boundaries as per Sale Deed: East: 80 it Wide Road, South: Building of Others, West: Plot No 174, North: Plot No 184. Boundaries Present as per Valuation: East: 80 ft Wide Road, South: Road, West: Property of others, North: House bearing D No. 50-1-50/1 belongs to N. Subba Raju (Doc No:772/2009; 27.02.2009, SRO
State:Andhra Pradesh
City:Visakhapatnam
Area:Resapuvanipalem
Asset Category:Residential
This is a SARFAESI Auction for a Residential Land And Building located in Resapuvanipalem, Visakhapatnam, Andhra Pradesh, by Union Bank of India. The property is described as measuring 360 Sq. Yds or 301.006 Sq. Mts with a RCC Building. The auction will take place on 29-08-2025 from 12:00 PM to 05:00 PM. The reserve price is 46,000,000.0 and the EMD is 4,600,000.0. The borrower is M/s. Maruthi Constructions.
Borrower Name:M/s. Maruthi Constructions
Auction Type:SARFAESI Auction
Ph: 0891-2537792/2537782