Land for auction 28 Sagaram Colony, Madugula, Visakhapatnam by BOI

Property for Auction in Madugula, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Madugula, Visakhapatnam
Auction Date IconAuction Date:
15-07-2025 12:00 PM

Auction Details

Auction ID:532133

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve Price:30,00,000

EMD:3,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:14-07-2025 05:00 PM

Bid Start Date:15-07-2025 12:00 PM

Property Description

The property is a Land And Building located in Sagaram Colony, Madugula, Visakhapatnam District, Andhra Pradesh. It consists of a site measuring 477 sq. yds (400.68 sq. meters) with a RCC slabbed house and an adjacent lin sheet shed. The boundaries are Rasta (East and South), Zeroity land of Palavalasa Kondalarao (West), and Vacant site of Viyyapu Venkataramana (North).

State:Andhra Pradesh

City:Visakhapatnam

Area:Madugula

Asset Category:Residential

Auction Description

This is a SARFAESI Auction by Union Bank of India for a Land And Building property located in Madugula, Visakhapatnam, Andhra Pradesh. The property is situated at zeroity Patta No. 667, zeroity survey no. 268/28, 1 Ward, Door No. 1-1, Sagaram Colony, Sagaram Grama Panchayat. The site measures 67 feet East to West and 64 feet North to South, totaling 477 sq. yds or 400.68 sq. meters. It includes a RCC slabbed house (24 feet East to West by 44 feet North to South) and an adjacent lin sheet shed (34 feet East to West by 9 feet North to South) to its north. The property is bounded by Rasta on the East and South, Zeroity land of Palavalasa Kondalarao on the West, and Vacant site of Viyyapu Venkataramana on the North. The Reserve Price is 3,000,000.00 and the EMD is 300,000.00. The auction is scheduled from 15-07-2025 12:00 PM to 15-07-2025 05:00 PM. Applications must be submitted by 14-07-2025 05:00 PM. Contact details for the Asset Recovery Branch, Visakhapatnam are Phone No: 0891-2537792 / 2537782 or Mobile No: 9324517291.

Borrower Name:Swarna Traders

Auction Type:SARFAESI Auction

Contact Details

Phone No : 0891-2537792 / 2537782 / Mobile No : 9324517291

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