Land for auction 263A SAI SHOPPING CENTRE, Dwarakanagar, Visakhapatnam by BOI

Property for Auction in Dwarakanagar, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Dwarakanagar, Visakhapatnam
Auction Date IconAuction Date:
28-02-2025 12:00 PM

Auction Details

Auction ID:451219

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve Price:45,50,000

EMD:4,55,000

Service Provider:BAANKNET

Important Dates

Submission Date:27-02-2025 05:00 PM

Bid Start Date:28-02-2025 12:00 PM

Property Description

The property consists of a piece of land measuring 25.924 Sq yds (21.675 sq mts) undivided out of a total of 1507.05 sq yds (1260.09 sq mts), Plot no. 263A, situated at Dwarakanagar, Visakhapatnam. It is bounded by Dwarakanagar road (East), Station Road (South), Plot No. 262A (West), and Plot No. 253A (North). The second part of the property is Shop No. 5, an office space of 713.53 sft on the third floor of "SAI SHOPPING CENTRE" in Dwarakanagar, Visakhapatnam. This shop is bounded by Dwarakanagar Road (East), Office space no. 4 (South), a 6'3" wide Corridor (West), and Office space No. 6 (North).

State:Andhra Pradesh

City:Visakhapatnam

Area:Dwarakanagar

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Union Bank of India for a piece of land and a shop in Dwarakanagar, Visakhapatnam. The property is an equitable mortgage of land measuring 25.924 Sq yds (21.675 sq mts) undivided out of a total of 1507.05 sq yds (1260.09 sq mts), Plot no. 263A, situated at Dwarakanagar, Visakhapatnam. It is bounded by Dwarakanagar road (East), Station Road (South), Plot No. 262A (West), and Plot No. 253A (North). Additionally, the auction includes Shop No. 5, an office space of 713.53 sft on the third floor of "SAI SHOPPING CENTRE" in Dwarakanagar, Visakhapatnam. This shop is bounded by Dwarakanagar Road (East), Office space no. 4 (South), a 6'3" wide Corridor (West), and Office space No. 6 (North). The reserve price is Rs. 45,50,000.00 and the EMD is Rs. 4,55,000.00. The auction is scheduled for February 28, 2025, from 12:00 PM to 5:00 PM. Application submission deadline is February 27, 2025, by 5:00 PM. Contact details are 9324517291, 0891-2537792/2537782.

Borrower Name:M/s Deepa Traders

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9324517291, 0891-2537792/2537782

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