Land for auction 28 Service, Visakhapatnam, Visakhapatnam by BOI

Property for Auction in Visakhapatnam, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Visakhapatnam, Visakhapatnam
Auction Date IconAuction Date:
29-08-2025 12:00 PM

Auction Details

Auction ID:554053

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve Price:3,88,00,000

EMD:38,80,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-08-2025 05:00 PM

Bid Start Date:29-08-2025 12:00 PM

Property Description

A valuable parcel of land located in Visakhapatnam, Andhra Pradesh. This plot is categorized as residential and is being auctioned by Union Bank of India under SARFAESI provisions. Situated in the heart of Visakhapatnam, the property offers excellent potential for development or investment. Key details include a reserve price of ₹3,88,00,000 and an EMD of ₹38,80,000. The auction will take place on August 29, 2025.

State:Andhra Pradesh

City:Visakhapatnam

Area:Visakhapatnam

Asset Category:Residential

Auction Description

Union Bank of India presents a SARFAESI auction for a prime plot of land in Visakhapatnam, Andhra Pradesh. This residential land offers a significant investment opportunity. The auction will be held on August 29, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹3,88,00,000, with an Earnest Money Deposit (EMD) of ₹38,80,000. This auction is conducted on behalf of the borrower, M/s SHREE INFRATECH. Don't miss this chance to acquire valuable land in a desirable location.

Borrower Name:M/s SHREE INFRATECH

Auction Type:SARFAESI Auction

Contact Details

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

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