Land for auction 31 Sri Apartment, Waltair, Visakhapatnam by BOI

Property for Auction in Waltair, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Waltair, Visakhapatnam
Auction Date IconAuction Date:
27-03-2025 12:00 PM

Auction Details

Auction ID:463830

Bank Name:Union Bank of India

Branch Name:Regional Office - Kakinada

Reserve Price:63,50,000

EMD:6,35,000

Service Provider:BAANKNET

Important Dates

Submission Date:26-03-2025 05:00 PM

Bid Start Date:27-03-2025 12:00 PM

Property Description

The property consists of two schedules: Schedule A details an undivided and unspecified land of 46.84 sq. yards out of a total of 628.00 sq. yards. Schedule B describes Residential Flat no. 14, located on the 3rd floor of 'Sri Apartment', measuring 1600 sq.ft. (including common areas). Both are situated at RS No. 116A, plot no.31, Municipal ward no. 17, Block no. 14, D.no.8-3-13/2(12), T.P no. 58/65D, T.P no. 23/71, file no. 16176/70/DS, R.C.no. 11716/70/C5, Vijaynagar Palace layout, Waltair Road, GVMC, Visakhapatnam, Visakhapatnam District, A.P. The land parcel is bounded by East: Road, West: Magnolia Apartment, North: Srujana Royale Apartment Building, South: Individual House. The flat is bounded by East: Entrance after that staircase, West: Open to Sky, North: Open to Sky, South: Open to Sky.

State:Andhra Pradesh

City:Visakhapatnam

Area:Waltair

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a Residential Property in Waltair, Visakhapatnam, Andhra Pradesh. The property includes an undivided share of land (46.84 sq. yards) and a residential flat (1600 sq.ft.) on the 3rd floor of 'Sri Apartment'. The auction has a reserve price of INR 6,350,000 and an EMD of INR 635,000. The auction will take place on March 27, 2025, from 12:00 PM to 5:00 PM. Application submission deadline is March 26, 2025, 5:00 PM. The property is located at RS No. 116A, plot no.31, Vijaynagar Palace layout, Waltair Road, GVMC, Visakhapatnam.

Borrower Name:Mr.MAJJURI NAGESWARA RAO

Auction Type:SARFAESI Auction

Contact Details

Contact to bank Manager

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