Plot for Auction Tangutur Prakasam 10.6 Lakh by Union Bank of India 12 Jun 2026
Tangutur, Prakasam
Area: 374.88 sq. Yards
Sy Nos. 1311/3 & 5, Plot No. 32 & 33, near Fly Ash Bricks unit, Tangutur, Prakasam District, Andhra Pradesh
Union Bank of India · Asset Recovery Branch
Reserve price
₹10,61,000
EMD ₹1,06,100
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 374.88 sq. Yards
- ▸Locality: Tangutur
- ▸Reserve: ₹10,61,000
- ▸EMD: ₹1,06,100
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Tangutur |
| Built-up / plot area | 374.88 sq. Yards |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | 32 & 33 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,610 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Tangutur, Prakasam by Union Bank of India — reserve price ₹10,61,000, 374.88 sq. Yards, Symbolic possession.
Bank auction property: Residential plot for sale in Tangutur, Prakasam, Andhra Pradesh. This 374.88 sq. yards plot, located near the Fly Ash Bricks unit, is up for e-auction by Union Bank of India. The reserve price is ₹1061000.0 with an EMD of ₹106100.0. Don't miss this opportunity to own a valuable piece of land in a developing area. Contact the authorized officer for inspection details and bid submission.
GeoSquare note: The property is a residential plot in Tangutur, offered at a relatively low reserve price. However, due to the symbolic possession and potential legal hurdles (prohibited list by Debts Recovery Tribunal), it is categorized as a fair option requiring careful evaluation. Interested investors should thoroughly inspect the property and understand the legal implications before bidding.
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