Land for auction 2 V.G. Residency, Resapuvanipalem, Visakhapatnam by Canara

This offering presents a significant parcel of land situated in the well-connected area of Resapuvanipalem, Visakhapatnam, Andhra Pradesh. Zoned for residential use, this plot provides an excellent canvas for development or as a personal investment. Its location in Visakhapatnam, a major economic hub in Andhra Pradesh, ensures good potential for future appreciation. The property is being auctioned by Canara Bank under the SARFAESI Act.

Canara Bank is conducting a SARFAESI auction for a prime plot of land located in Resapuvanipalem, Visakhapatnam, Andhra Pradesh. This is a fantastic opportunity to acquire a valuable asset. The auction will take place on August 21, 2025, from 3:00 PM to 4:00 PM. The reserve price for this residential land is INR 88,40,000, with an Earnest Money Deposit (EMD) of INR 8,84,000 required. Don't miss this chance to invest in Visakhapatnam's growing real estate market. The property was formerly mortgaged by Smt. Palukurthi Vijaya Lakshmi.