Land for Auction Lankelapalem Village Visakhapatnam 1.6 Crore by Union Bank of India 14 Jul 2026
Lankelapalem Village, Visakhapatnam
Area: 742.5 Sq. Yards
Sy No 95/2, Lankelapalem Village, Lankelapalem SRO Limits, Anakapalli District, Andhra Pradesh
Union Bank of India · Regional Office : Visakhapatnam
Reserve price
₹1,58,00,000
EMD ₹15,80,000
Auction date
14 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 742.5 Sq. Yards
- ▸Locality: Lankelapalem Village
- ▸Reserve: ₹1,58,00,000
- ▸EMD: ₹15,80,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Lankelapalem Village |
| Built-up / plot area | 742.5 Sq. Yards |
| Lender | Union Bank of India |
| Branch | Regional Office : Visakhapatnam |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,58,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Lankelapalem Village, Visakhapatnam by Union Bank of India — reserve price ₹1,58,00,000, 742.5 Sq. Yards, Physical possession.
Discover a valuable vacant land plot available through bank auction from Union Bank of India. Located in Sy No 95/2 of Lankelapalem Village, Lankelapalem SRO Limits, Anakapalli District, Andhra Pradesh, this prime land totals 742.50 Sq. Yards (two items of 725 Sq. Yards and 17.50 Sq. Yards). The property is offered with physical possession and has no known encumbrances, making it a clear title investment. The e-auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM, with a reserve price of ₹1,58,00,000.0. This bank auction property is an excellent opportunity for commercial or residential development in the rapidly developing Anakapalli region, near Visakhapatnam.
GeoSquare note: This vacant land plot in Anakapalli District presents a strong investment opportunity, benefiting from physical possession status and clear title (no known encumbrances). The reserve price is competitive for land of this size in a developing district. Its strategic location and straightforward auction terms make it an appealing option for long-term appreciation or development projects.
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