Land for auction 3388 Kummanpalem Villa, Bheemunipatnam, Visakhapatnam by BOI

Property for Auction in Bheemunipatnam, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Bheemunipatnam, Visakhapatnam
Auction Date IconAuction Date:
30-05-2025 12:00 PM

Auction Details

Auction ID:504753

Bank Name:Union Bank of India

Branch Name:Asset Recovery Management Branch

Reserve Price:1,06,00,000

EMD:10,60,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-05-2025 05:00 PM

Bid Start Date:30-05-2025 12:00 PM

Property Description

A vacant land parcel of approximately 3080 sq yds (documented as 3388 sq yds) situated in Zeroyithi Patta No.05, S No.43/2 of Kummanpalem Village, Bheemunipatnam Mandal, GVMC, Visakhapatnam. The property is registered under the name of M/s. Jayakrishna Steels, represented by its proprietor Shri Konathala Appala Naidu. The boundaries are as follows: North: Land belonging to Kanakala Sanyasamma and James Chako. South: Land belonging to Kondrupentayya and Government land. East: Land belonging to Barla Apparao and land designated for a road leading to the main road on the north side by T. Srinivasa Rao. West: Land belonging to Kagupati Kamala Lakshmi. The Google Coordinates for the property are 17.892055N, 83.429762E.

State:Andhra Pradesh

City:Visakhapatnam

Area:Bheemunipatnam

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a vacant land parcel in Bheemunipatnam, Visakhapatnam. The property, measuring approximately 3080 sq yds (as per document 3388 sq yds), is located in Zeroyithi Patta No.05, S No.43/2 of Kummanpalem Village, Bheemunipatnam Mandal, GVMC, Visakhapatnam. The land is registered in the name of M/s. Jayakrishna Steels, represented by its proprietor Shri Konathala Appala Naidu. The auction has a reserve price of INR 10,600,000.00 and an EMD of INR 1,060,000.00. The auction is scheduled for May 30, 2025, from 12:00 PM to 5:00 PM. For further details, contact the Asset Recovery Management Branch at 0891-2637792/2537782 or 9324617291.

Borrower Name:M/s. JMR Engineering Industries

Auction Type:SARFAESI Auction

Contact Details

Contact Ph: 0891-2637792/2537782, Mobile: 9324617291. E-mail: ubin0817295@unionbankofindia.bank

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