Property for Auction in Paravada, Visakhapatnam, Andhra Pradesh
Auction ID:469995
Bank Name:Union Bank of India
Branch Name:Regional Office, Bhimavaram
Reserve Price:₹3,96,95,000
EMD:₹39,69,500
Service Provider:BAANKNET
Submission Date:26-03-2025 05:00 PM
Bid Start Date:27-03-2025 12:00 PM
The property is Ac.2.82 cents of residential semi-urban vacant land located in Paravada village, Paravada Mandal, Visakhapatnam district, Andhra Pradesh. It falls within the Visakhapatnam corporation limits and is situated in R.S No. 79/1,2,4,5,6,7,8,18,19 & 78/2,3,4. The land is registered under the name of Mr. Balusu Padmanabham S/o Venkata Rao. The description provides detailed boundaries for various sub-parcels of the land, including Item No-1 (Ac 0.22 cents in Rs No 79/18) and combined parcels from Item No-2A to 2G totaling Ac 2.60 cents. The total area is 13,648.80 Sq Yards.
State:Andhra Pradesh
City:Visakhapatnam
Area:Paravada
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for residential land in Paravada, Visakhapatnam, Andhra Pradesh. The property, identified as Property No-2, consists of Ac.2.82 cents (approximately 13,648.80 Sq Yards) of semi-urban vacant land in R.S No. 79/1,2,4,5,6,7,8,18,19 & 78/2,3,4 of Paravada village, Paravada Mandal, within Visakhapatnam corporation limits. The land is in the name of Mr. Balusu Padmanabham S/o Venkata Rao. The auction includes multiple sub-items (Item No-1 and Items No-2A through 2G) detailing specific land parcels and their boundaries. The reserve price is 39,695,000.00, with an Earnest Money Deposit (EMD) of 3,969,500.00. The auction is scheduled for March 27, 2025, from 12:00 PM to 5:00 PM. The application submission deadline is March 26, 2025, by 5:00 PM. For inquiries, contact the Tanuku UBI Branch at 08819-228699/223299.
Borrower Name:M/s Satya Agritech
Auction Type:SARFAESI Auction
TANUKU UBI BRANCH Phone No : 08819-228699/ 223299