Land for Auction Gandhi Prakash Nagar East Godavari 55.1 Lakh by State Bank of India 15 Jul 2026
Gandhi Prakash Nagar, East Godavari
Area: 426.55 Sq.yds
Plot No-77, D.No.86-2-21, Flat No.F2, K.V.N.R.PLAZA, Gandhi Prakash Nagar, Rajahmundry Urban Mandal, R.S.No.291 and 292, East Godavari District.
State Bank of India · SARB - Visakhapatnam
Reserve price
₹55,10,000
EMD ₹5,51,000
Auction date
15 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 426.55 Sq.yds
- ▸Locality: Gandhi Prakash Nagar
- ▸Reserve: ₹55,10,000
- ▸EMD: ₹5,51,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Gandhi Prakash Nagar |
| Built-up / plot area | 426.55 Sq.yds |
| Lender | State Bank of India |
| Branch | SARB - Visakhapatnam |
| Unit / flat no. | Plot No-77, Flat No.F2 |
| Building / society | K.V.N.R.PLAZA |
| Floor | First Floor (for Flat) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Gandhi Prakash Nagar, East Godavari by State Bank of India — reserve price ₹55,10,000, 426.55 Sq.yds, Constructive possession.
An exceptional bank auction opportunity in Rajahmundry, East Godavari District, offering a dual property asset. This listing includes a valuable land plot, Plot No-77, admeasuring 426.55 Sq.yds (net after road widening), and a spacious residential 3BHK flat, Flat No.F2, on the First Floor, spanning 1730 Sq.ft. Both properties are situated within the well-regarded K.V.N.R.PLAZA in Gandhi Prakash Nagar, Rajahmundry Urban Mandal. This bank auction by State Bank of India features a competitive reserve price of ₹55,10,000 and an EMD of ₹5,51,000. Prospective bidders can inspect the property from June 15, 2026, to July 14, 2026. Secure a prime investment in a rapidly developing area.
GeoSquare note: This property presents a strong investment opportunity due to its dual nature – a land plot and a 3BHK residential flat, both located in the established K.V.N.R.PLAZA within Gandhi Prakash Nagar, Rajahmundry. The combined offering enhances value, and the competitive reserve price for two assets with constructive possession makes it attractive. Rajahmundry's growth potential further solidifies its appeal as a 'Strong Buy'.
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