Plot for Auction Tangutur Prakasam 4 Lakh by Union Bank of India 12 Jun 2026
Tangutur, Prakasam
Area: 156.44 sq. yds
Survey no. 716/1, plot no. 15, Chellamma Thota
Union Bank of India · Asset Recovery Branch
Reserve price
₹3,98,000
EMD ₹39,800
Auction date
12 Jun 2026, 12:00 PM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 156.44 sq. yds
- ▸Locality: Tangutur
- ▸Reserve: ₹3,98,000
- ▸EMD: ₹39,800
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Tangutur |
| Built-up / plot area | 156.44 sq. yds |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | 15 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹3,980 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Tangutur, Prakasam by Union Bank of India — reserve price ₹3,98,000, 156.44 sq. yds, Symbolic possession.
Bank auction property! Vacant plot for sale in Tangutur, Prakasam. Seize the opportunity to acquire this 156.44 sq. yds plot through e-auction by Union Bank of India. Located in Chellamma Thota, this plot is ideal for investment or development. The auction features a reserve price of ₹398000.0 and an EMD of ₹39800.0. Don't miss out on this prime land; participate in the e-auction on 2026-06-12. Contact the authorized officer for more details.
GeoSquare note: The property is a vacant plot in a developing area, offering potential for future appreciation. However, the relatively low reserve price and the symbolic possession status suggest that it's a fair investment option rather than a prime one. Prospective buyers should carefully assess the location's growth prospects and any potential legal or developmental constraints before bidding.
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