Property for Auction in Vizianagaram, Vizianagaram, Andhra Pradesh
Auction ID:544563
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹7,50,00,000
EMD:₹75,00,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:00 PM
The property is a piece of land measuring Ac 3.06 cents or 14810 Sq Yards, situated in Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram. It is bordered by Dry Land of Chinthappadu to the North, Mango Tope with dry land of poosapati Siva Venkata Sitaramaraju to the South, NH-5 Road to the East, and Dry Land of Owners to the West. The property features an existing G+1 upper floor RCC semi-finished building and AC sheet roofed Industrial Buildings with a total plinth area of 7,482 Sq Ft on the ground floor and 7,482 Sq Ft on the first floor. Additionally, there is a 3600 Sq Ft AC sheet roofed shed. The property belongs to Mr Palukuri Kanaka Naga Jagannadham. As per the survey report, the property survey numbers are 32/5, 42/P, 91/1 & 92/1.
State:Andhra Pradesh
City:Vizianagaram
Area:Vizianagaram
Asset Category:Residential
Union Bank of India is conducting a SARFAESI Auction for a land property in Vizianagaram, Andhra Pradesh. The property is located in Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District. It comprises of Ac 3.06 cents or 14810 Sq Yards of land with a building tin shed measuring 105.2 x 200 = 21037 sq feet. The land is bounded by NH-5 Road to the East. The property also includes a G+1 upper floor RCC semi-finished building and AC sheet roofed Industrial Buildings with a total plinth area of 7,482 Sq Ft in GF and 7482 Sq Ft in First Floor, and a 3600 Sq Ft AC sheet roofed shed. The auction has a reserve price of 75,000,000.0 and an EMD of 7,500,000.0. The auction is scheduled for 30-07-2025 from 12:00 PM to 05:00 PM. Contact details for inquiries are 0891-2537792/82, Mob: 93245 17291.
Borrower Name:M/s Suptha Mahalakshmi Steels
Auction Type:SARFAESI Auction
Contact Telephone No. 0891-2537792/82, Mob: 93245 17291