Land for Auction Allipuram Visakhapatnam 9.1 Lakh by Union Bank of India 24 Jun 2026
Allipuram, Visakhapatnam
Area: 430 Sq. Ft.
Rajeev Colony, Visakhapatnam Urban
Union Bank of India · AKKAYYAPALEM BRANCH
Reserve price
₹9,14,000
EMD ₹91,400
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 430 Sq. Ft.
- ▸Locality: Allipuram
- ▸Reserve: ₹9,14,000
- ▸EMD: ₹91,400
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Allipuram |
| Built-up / plot area | 430 Sq. Ft. |
| Lender | Union Bank of India |
| Branch | AKKAYYAPALEM BRANCH |
| Unit / flat no. | FF-05 |
| Building / society | Block No: C-2 |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹9,140 |
| Service provider | BAANKNET |
About this property
Land bank auction in Allipuram, Visakhapatnam by Union Bank of India — reserve price ₹9,14,000, 430 Sq. Ft., Constructive possession.
Bank auction property available in Allipuram, Visakhapatnam. This property includes a land parcel of 2.26 acres and a flat located in Block C-2, Flat No: FF-05 on the First Floor, measuring 430 Sq. Ft. The flat includes a proportionate share in common areas. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹914,000 and an EMD of ₹91,400. Don't miss this opportunity to acquire a valuable property through a bank auction in a prime location. Ideal for investors looking for land and residential opportunities. Bounded by Near Door No: 34-1.
GeoSquare note: This property is a combination of land and a flat in Allipuram, Visakhapatnam, offered at a reserve price of ₹914,000. The property's location and mixed-use nature (land and residential) offer some potential, but the 'Constructive' possession status impacts its immediate usability. Given the price range and the potential complexities, it's a fair option requiring careful due diligence.
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