Land for Auction Kummaripeta Street Baruvapeta Village Srikakulam 6.5 Lakh by Union Bank of India 12 Jun 2026
Kummaripeta Street, Baruvapeta Village, Srikakulam
Area: 594 Sq. Ft
Dr No. 7-5-467, at Western side of Kummaripeta Street, Baruvapeta Village, Baruva Panchayat
Union Bank of India · Regional Office : Srikakulam
Reserve price
₹6,50,000
EMD ₹65,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Area: 594 Sq. Ft
- ▸Locality: Kummaripeta Street, Baruvapeta Village
- ▸Reserve: ₹6,50,000
- ▸EMD: ₹65,000
Auction snapshot
| Possession | — |
| Property type | Land · Residential |
| Locality | Kummaripeta Street, Baruvapeta Village |
| Built-up / plot area | 594 Sq. Ft |
| Lender | Union Bank of India |
| Branch | Regional Office : Srikakulam |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Kummaripeta Street, Baruvapeta Village, Srikakulam by Union Bank of India — reserve price ₹6,50,000, 594 Sq. Ft.
Seize the opportunity to own a prime piece of land through Union Bank of India's e-auction. This vacant plot, located in Sompeta, Srikakulam, offers 594 sq. ft. of space, perfect for development or investment. Situated in the Baruvapeta Village, the property is easily accessible. The auction features a reserve price of ₹650,000 and an EMD of ₹65,000. Don't miss out on this bank auction property - a valuable asset in a developing location. Participate in the e-auction on 2026-06-12 and secure your future!
GeoSquare note: The property is a plot of land in Sompeta with a relatively low reserve price, making it an accessible investment. However, the small size and lack of immediate income potential temper its attractiveness. It's a fair option for local buyers looking for a starter property or small-scale development opportunity in the area and encumbrance is NIL.
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