Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.9
Auction ID:612352
Bank Name:Union Bank of India
Branch Name:Regional Office
Reserve Price:₹50,13,000
EMD:₹5,01,300
Bid Increment:₹50,000
Service Provider:BAANKNET
Important Dates
Submission Date:28-11-2025 05:00 PM
Bid Start Date:2025-11-29
Property Description
This offering is for a parcel of land located in Palnadu, Vijayawada, Andhra Pradesh. The property is categorized as residential and is being auctioned by Union Bank of India under SARFAESI regulations. This presents a unique opportunity to acquire land in a developing area of Vijayawada.
State:Andhra Pradesh
City:Vijayawada
Area:Palnadu
Asset Category:Residential
Full Address:267, D. No. 267 of Edlapadu, Door No.6-83/1, Near Ramalayam Temple, Ediapadu Gram Panchayat, Edlapadu Mandal, Edlapadu, Palnadu
Size:175.69 Sq. Yds
Auction Description
Union Bank of India is conducting a SARFAESI auction for a land parcel in Palnadu, Vijayawada. The auction has a reserve price of INR 50,13,000 and requires an EMD of INR 5,01,300. Bidding will take place online on November 29, 2025, from 11:00 AM to 12:00 PM. Don't miss this chance to invest in real estate.
Borrower Name:Mr. Nidamanuru Harish
Auction Type:SARFAESI Auction
Guarantor Names:Mr Nidamanuru Venkata Rangam
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land with building in a developing area. Reserve price is reasonable but location requires further investigation to asses its market value. Recommendation reflects a need for cautious assessment before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Chief Manager & Authorised Officer
Contact no: —
