Land for auction Plot 242 Rushikonda Layout Visakhapatnam by BOI

Property for Auction in Rushikonda, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Rushikonda, Visakhapatnam
Auction Date IconAuction Date:
15-10-2025 12:00 PM

Auction Details

Auction ID:583567

Bank Name:Union Bank of India

Branch Name:Stressed Asset Management Branch, Hyderabad

Reserve Price:3,60,00,000

EMD:36,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:14-10-2025 05:00 PM

Bid Start Date:15-10-2025 12:00 PM

Property Description

Prime land parcel located in the sought-after Rushikonda area of Visakhapatnam, Andhra Pradesh. This residential land offers a significant investment opportunity in a rapidly developing region. The property is part of a SARFAESI auction conducted by the Union Bank of India. Situated in a well-connected locality, it promises excellent potential for future development. Ideal for builders and investors seeking a valuable asset in Visakhapatnam.

State:Andhra Pradesh

City:Visakhapatnam

Area:Rushikonda

Asset Category:Residential

Auction Description

Union Bank of India presents a SARFAESI auction for a valuable land parcel in Rushikonda, Visakhapatnam, Andhra Pradesh. The auction will be held on October 15, 2025, with bidding open from 12:00 PM to 5:00 PM. The reserve price for this residential land is ₹3,60,00,000, and the Earnest Money Deposit (EMD) is ₹36,00,000. This is a unique opportunity to acquire prime real estate from M/s Haigreeva Infratech Projects Ltd's asset portfolio. Don't miss this chance to invest in Visakhapatnam's growing market.

Borrower Name:M/s Haigreeva Infratech Projects Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact E Sreenivasa Reddy, Authorized Officer 7541812101 and G Praveen Kumar, Manager 7981263082

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