Property for Auction in Rushikonda, Visakhapatnam, Andhra Pradesh
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
Submission Date:14-10-2025 05:00 PM
Bid Start Date:15-10-2025 12:00 PM
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
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 E Sreenivasa Reddy, Authorized Officer 7541812101 and G Praveen Kumar, Manager 7981263082