Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609868
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹60,00,000
EMD:₹6,00,000
Service Provider:Public Auction
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 02:00 PM
Property Description
This is a land parcel located in Bheemunipatnam, Visakhapatnam, Andhra Pradesh. The property is categorized as Residential and is part of a SARFAESI Auction conducted by Tata Capital Housing Finance Ltd. This is a great opportunity to acquire land in a developing area of Visakhapatnam.
State:Andhra Pradesh
City:Visakhapatnam
Area:Bheemunipatnam
Asset Category:Residential
Full Address:76, GLORIOUS GARDEN, Plot NO.76 of L.P.No.102/2016 of GLORIOUS GAR-DEN" in the layout approved by VUDA covered by Survey No 3/2P, 3/3, 6/4A, 6/48, 6/5,13/2P of Tallavalasa village and Panchayat, Tallavalasa village, Visakhapatnam
Building/Society:GLORIOUS GARDEN
Size:413.88 sq yards
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a residential land parcel in Bheemunipatnam, Visakhapatnam. The auction will take place on November 18, 2025, from 02:00 PM to 03:00 PM. The reserve price for this auction is ₹6,000,000, with an Earnest Money Deposit (EMD) of ₹600,000 required. This is a direct opportunity to bid on a property offered by the bank.
Borrower Name:MR. ATCHIBABU URUKUTI
Auction Type:SARFAESI Auction
Guarantor Names:MRS. VURUKUTI BUCHAMMA, MR. VURUKUTI JAYANTH
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Visakhapatnam, a developing city, presents a moderate investment potential. The land plot offers flexibility for various development options. However, potential investors should carefully assess the local market conditions and growth prospects before committing.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:Public Auction
Contact Details:
Contact no: —
