Land & House for auction Gajuwaka Visakhapatnam 59 lakh Union Bank of India

This is a land parcel located in the established area of Gajuwaka, Visakhapatnam, Andhra Pradesh. As part of a SARFAESI auction conducted by Union Bank of India, this asset category property offers a potential opportunity for development or investment. The property is situated in a well-connected urban locality, making it an attractive proposition within the Visakhapatnam region.

Union Bank of India is holding a SARFAESI auction for a land property in Gajuwaka, Visakhapatnam. The auction will take place on October 30, 2025, with bidding open from 12:00 PM to 5:00 PM. The reserve price for this residential land is INR 58,53,000, and the Earnest Money Deposit (EMD) required is INR 5,85,300. This is a significant opportunity to acquire land in a prime Andhra Pradesh location.