Plot for Auction Narellavalasa Village Needigattu Panchayat Bheemunipatnam Mandalam Visakhapatnam 73.2 Lakh by Union Bank of India 14 Jul 2026
Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam, Visakhapatnam
Area: 405.2 sq. yards
All that site of an extent of 405.20 sq. yards or 340.368 sq. meters covered by S.No.2/2, Zeroithi Patta No. 150 of Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam Visakhapatnam District.
Union Bank of India · Regional Office : Visakhapatnam
Reserve price
₹73,15,100
EMD ₹7,31,510
Auction date
14 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 405.2 sq. yards
- ▸Locality: Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam
- ▸Reserve: ₹73,15,100
- ▸EMD: ₹7,31,510
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam |
| Built-up / plot area | 405.2 sq. yards |
| Lender | Union Bank of India |
| Branch | Regional Office : Visakhapatnam |
| Unit / flat no. | S.No.2/2, Patta No. 150 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹73,151 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam, Visakhapatnam by Union Bank of India — reserve price ₹73,15,100, 405.2 sq. yards, Physical possession.
Discover a prime bank auction property: a 405.20 sq. yards plot for sale in Narellavalasa Village, Needigattu Panchayat, Bheemunipatnam Mandalam, Visakhapatnam District, Andhra Pradesh. This substantial land parcel (Property-2), offered by Union Bank of India, is perfect for residential development or future investment. With a reserve price of ₹7,315,100.0 and an EMD of ₹731,510.0, this bank auction plot offers excellent potential. The e-auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM. Benefiting from physical possession, this property is a strong buy for investors seeking land in a growing region. Don't miss this opportunity for a strategic property acquisition.
GeoSquare note: This plot in Bheemunipatnam, Visakhapatnam, offers a substantial area of 405.20 sq. yards, making it suitable for residential development. The physical possession status is a significant advantage. While the exact commercial viability needs local assessment, the coastal location in Andhra Pradesh suggests good long-term potential for growth, making it a strong buy for investors looking for land assets.
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