Land for auction Chinnaoutpally Gannavaram 16 lakh Union Bank of India

This is a unique opportunity to acquire a parcel of land located in Gannavaram, Krishna District, Andhra Pradesh. The property is being auctioned by the Union Bank of India under SARFAESI Act. This is a residential asset and presents potential for various development purposes. Its location in Gannavaram, a developing area within Krishna district, makes it an attractive investment. The land is offered as is, providing a blank canvas for prospective buyers.

Union Bank of India is conducting a SARFAESI auction for a land property in Gannavaram, Krishna, Andhra Pradesh. The auction will commence on October 30, 2025, at 12:00 PM and conclude at 05:00 PM on the same day. The reserve price for this residential land is INR 16,50,000, with an Earnest Money Deposit (EMD) of INR 1,65,000 required to participate. This is a significant opportunity for investors and individuals looking to purchase property in a growing region. Interested parties should review all auction terms and conditions carefully.