Plot for Auction Srinivasa Nagar Gollalapalem Area Dwarakanagar Visakhapatnam 33.7 Lakh by Union Bank of India 14 Jul 2026

Quick read

• ▸Possession: Symbolic
• ▸Area: 825 Sft.
• ▸Locality: Srinivasa Nagar, Gollalapalem Area, Dwarakanagar
• ▸Reserve: ₹33,66,000
• ▸EMD: ₹3,36,600

About this property

Plot bank auction in Srinivasa Nagar, Gollalapalem Area, Dwarakanagar, Visakhapatnam by Union Bank of India — reserve price ₹33,66,000, 825 Sft., Symbolic possession.

Discover a prime bank auction property in Visakhapatnam! This residential offering from Union Bank of India includes a spacious 825 Sft First Floor Flat (FF-2) in 'SAI NAGA LAKSHMI RESIDENCY', along with an undivided share of 23 sq.yards in Plot No.25 (total site area of 364.40 sq. yards). Located in the sought-after Dwarakanagar, Srinivasa Nagar, and Gollalapalem Area, this property offers excellent investment potential. The e-auction is scheduled for July 14, 2026, with a reserve price of ₹33,66,000 and EMD of ₹3,36,600. Property is sold on 'As is where is' basis, with no known encumbrances reported by the bank. Don't miss this opportunity to acquire a valuable asset through bank auction in Visakhapatnam, Andhra Pradesh.

GeoSquare note: This property is a strong buy due to its desirable location in Visakhapatnam's Dwarakanagar area, offering a residential flat along with an undivided share in a plot. The reserve price appears competitive for the combined asset. With symbolic possession and no known encumbrances reported by the bank, it presents a relatively low-risk investment opportunity for those seeking a property in a developing urban center.