Property for Auction in Paravada, Visakhapatnam, Andhra Pradesh
Auction ID:549917
Bank Name:Union Bank of India
Branch Name:Regional Office, Bhimavaram
Reserve Price:₹4,37,82,000
EMD:₹43,78,200
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This auction features a parcel of land located in Paravada, Visakhapatnam, Andhra Pradesh. The property is classified as residential and is being auctioned by Union Bank of India under SARFAESI proceedings, formerly associated with M/s Satya Agritech. Situated in a key area of Visakhapatnam, this land offers potential for various development opportunities. It is an excellent chance to secure a valuable asset in a growing region of Andhra Pradesh.
State:Andhra Pradesh
City:Visakhapatnam
Area:Paravada
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for land in Paravada, Visakhapatnam, Andhra Pradesh. This is a significant opportunity to acquire land in a developing area. The reserve price is INR 4,37,82,000, with an Earnest Money Deposit (EMD) of INR 43,78,200 required. The auction will be conducted online on August 14, 2025, starting at 12:00 PM and concluding at 5:00 PM. Don't miss this chance to invest in Visakhapatnam's real estate market.
Borrower Name:M/s Satya Agritech
Auction Type:SARFAESI Auction
Contact Number: 08819-228699(D), 223299