Representative illustration — Plot bank auction in Turangi Village
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Fair Option

Plot for Auction Turangi Village Kakinada 95 Lakh by State Bank of India 24 Jun 2026

Turangi Village, Kakinada

Area: 740 sq.yds

Plot No.47, LP No.4/86, Near D.No. 11-24-1/a, Turangi Village and Gram Panchayat, Kakinada Rural Mandal, Kakinada District, AP

State Bank of India · Stressed Assets Recovery Branch

Reserve price

₹95,00,000

EMD ₹9,50,000

Auction date

24 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 740 sq.yds
  • Locality: Turangi Village
  • Reserve: ₹95,00,000
  • EMD: ₹9,50,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityTurangi Village
Built-up / plot area740 sq.yds
LenderState Bank of India
BranchStressed Assets Recovery Branch
Unit / flat no.47
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Plot bank auction in Turangi Village, Kakinada by State Bank of India — reserve price ₹95,00,000, 740 sq.yds, Symbolic possession.

Bank auction property! Residential plot for sale in Kakinada, Andhra Pradesh, measuring 740 sq.yds. The plot is located in Turangi Village, Kakinada Rural Mandal. State Bank of India is conducting the e-auction on 2026-06-24, with a reserve price of ₹95,00,000 and an EMD of ₹9,50,000. Don't miss this opportunity to own a valuable piece of land in a developing area. Contact State Bank of India for more details and inspection. Great investment potential in Kakinada's growing real estate market. Visit https://baanknet.com for auction details.

GeoSquare note: The property is a residential plot in Kakinada with a decent area. The reserve price is relatively high, influencing the 'Fair Option' rating. While the location is in a developing area, the symbolic possession status adds an element of risk, suggesting a potential for moderate returns.

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