Land for auction 9 Sri Mahalakshmi Nagar, Kurmannapalem, Visakhapatnam by BOI

Property for Auction in Kurmannapalem, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Kurmannapalem, Visakhapatnam
Auction Date IconAuction Date:
28-02-2025 12:00 PM

Auction Details

Auction ID:451225

Bank Name:Union Bank of India

Branch Name:ASSET RECOVERY BRANCH, VISAKHAPATNAM

Reserve Price:60,50,000

EMD:6,05,000

Service Provider:BAANKNET

Important Dates

Submission Date:27-02-2025 05:00 PM

Bid Start Date:28-02-2025 12:00 PM

Property Description

A vacant plot of land measuring 250 sq yds (209.033 sq. mts.) located in Sri Mahalakshmi Nagar Layout, Kurmanapalem Village, Visakhapatnam Sub Registration, Visakhapatnam District. The property bears Plot No: 9, Near Door No: 31-23-3/8, covered by S. No: 72/4, Patta No. 163A. It is bounded by Plot No: 6 to the East, Plot No: 10 to the West, Plot No: 8 to the South, and a 20 feet wide Road to the North. The property is within the limits of Visakhapatnam Municipal Corporation, Andhra Pradesh.

State:Andhra Pradesh

City:Visakhapatnam

Area:Kurmannapalem

Asset Category:Residential

Auction Description

Union Bank of India is conducting a SARFAESI auction for a plot of vacant land measuring 250 sq yds (209.033 sq. mts.) located in Sri Mahalakshmi Nagar Layout, Kurmanapalem Village, Visakhapatnam. The property, bearing Plot No: 9, Near Door No: 31-23-3/8, is covered by S. No: 72/4, Patta No. 163A, and was registered via Sale Deed No: 4477/1981 dated 19.06.1981. It falls within the Visakhapatnam Municipal Corporation limits and is bounded by Plot No: 6 to the East, Plot No: 10 to the West, Plot No: 8 to the South, and a 20 feet wide Road to the North. The land is an equitable mortgage of Mrs. Korada Venkata Roja Ramani, with M/s. R G Food Industries listed as the borrower. The reserve price is 60,50,000.00, and the EMD is 6,05,000.00. The auction will be held on 28-02-2025 between 12:00 PM and 05:00 PM. Applications for the auction must be submitted by 27-02-2025 at 05:00 PM. For inquiries, contact 9324517291 or 0891-2537792/2537782.

Borrower Name:M/s. R G Food Industries

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9324517291, 0891-2537792/2537782

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