Plot for Auction Mvp Colony Visakhapatnam 4 Crore by Bank of India 29 Jun 2026
MVP Colony, Visakhapatnam
Area: 288.89 Sq. Yards
D.No.2-8-14, MIG-1B/87, Sector-9, MVP Colony
Bank of India · Asset Recovery Branch
Reserve price
₹4,00,00,000
EMD ₹40,00,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 288.89 Sq. Yards
- ▸Locality: MVP Colony
- ▸Reserve: ₹4,00,00,000
- ▸EMD: ₹40,00,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | MVP Colony |
| Built-up / plot area | 288.89 Sq. Yards |
| Lender | Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | MIG-IB-87 |
| Floor | Ground Floor and First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | Public Auction |
About this property
Plot bank auction in MVP Colony, Visakhapatnam by Bank of India — reserve price ₹4,00,00,000, 288.89 Sq. Yards, Physical possession.
Bank auction property: Residential plot with a two-storied RCC house located in the prime MVP Colony of Visakhapatnam. The property, situated at D.No.2-8-14, MIG-1B/87, Sector-9, MVP Colony, measures 288.89 Sq. Yards. Offered by Bank of India through e-auction on 2026-06-29, the reserve price is ₹40000000.0 with an EMD of ₹4000000.0. This Visakhapatnam property offers an excellent investment opportunity with clear boundaries and accessible location, making it ideal for families or investors looking for valuable real estate in a sought-after area. Don't miss out on this prime bank auction property!
GeoSquare note: This plot with a two-storied house in MVP Colony, Visakhapatnam, represents a strong investment opportunity due to its prime location and physical possession status. With a reserve price of ₹40000000.0, it is competitively priced for the area. The clear boundaries and desirable residential setting further enhance its appeal, making it a valuable asset for potential buyers.
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