Vacant Land for auction Bheemunipatnam Visakhapatnam 80 lakh Union Bank of India

A well-located residential flat in Bheemunipatnam, Visakhapatnam, Andhra Pradesh. This property is part of a SARFAESI auction conducted by Union Bank of India. Situated in a desirable area, this flat offers a great opportunity for homeowners or investors. The property is categorized as residential and is ideal for comfortable living. Detailed specifications and exact location will be provided to interested bidders. Don't miss this chance to acquire a property in a growing region.

Union Bank of India is holding a SARFAESI auction for a residential flat in Bheemunipatnam, Visakhapatnam, Andhra Pradesh. The auction will commence on November 28, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price for this asset is ₹80,24,000, with an Earnest Money Deposit (EMD) of ₹8,02,400 required to participate. This is a prime opportunity to bid on a property offered by a reputable bank. Ensure you review all auction terms and conditions before bidding.

The property is a vacant land in Bheemunipatnam, a developing area of Visakhapatnam. The reserve price seems reasonable. However, potential investors should conduct thorough due diligence regarding land titles and local development plans before bidding.