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Plant & Machinery SARFAESI Auction Symbolic Possession

4,843.8 sq yard Plant & Machinery for Auction in Visakhapatnam, Atchutapuram Apsez, Anakapalli – Union Bank

Visakhapatnam, Atchutapuram Apsez, Anakapalli, Andhra Pradesh · Auction ID #107576

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Plant & Machinery for auction in Visakhapatnam, Atchutapuram Apsez, Anakapalli – Union Bank – photo 1
Plant & Machinery for auction in Visakhapatnam, Atchutapuram Apsez, Anakapalli – Union Bank – photo 2
Plant & Machinery for auction in Visakhapatnam, Atchutapuram Apsez, Anakapalli – Union Bank – photo 3
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Reserve Price ₹5,31,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Nov 2026, 12:00 PM
EMD Last Date 13 Nov 2026, 12:00 PM
Area4,843.8 sq yard
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Property Details

Property type
Plant & Machinery (Plant & Machinery)
Possession
Symbolic Possession
Area
4,843.8 sq yard (≈ 43,594 sq ft)
Locality
Visakhapatnam, Atchutapuram Apsez
Pincode
531011
Address
VISAKHAPATNAM, Atchutapuram APSEZ, Andhra Pradesh, 531011 View on map

Description (as per sale notice)

Item 1: EM of Industrial land and building along with Plant &Machinery and other fixed assets, located at Plot No (s) 23-I (part), APIIC-IALA, with land measuring 4050.00 Sq.mt/4843.80 Sq. Yards situated at De-notified Area-APSEZ, Survey No.(s) 6P, 7P and 9P of Lalam Koduru Village, Rambilli Mandal, Visakhapatnam District, Yelamanchili Sub Registration Jurisdiction and bounded by, North: 23-I(Part) South: Plot No.23-I (Sai Vishnu Laboratories) East: Plot No.23H West: Existing 15.00 M wide Road Item 2: Hypothecation of Plant & Machinery located at Plot No (s) 23-I (part), APIIC-IALA, at De-notified Area- APSEZ, Survey No.(s) 6P, 7P and 9P of Lalam Koduru Village, Rambilli Mandal, Visakhapatnam District, Yelamanchili Sub Registration Jurisdiction owned by M/s. CPR Laboratories Pvt Ltd (List of Plant and Ma-chinery is attached with Sale Notice & Terms of Sale as Annexure-I)

BAANKNET Property ID: UBINVSKARB7126
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
Auction type
SARFAESI Auction
Borrower
M/s.CPR L***** P***** L*****
Auction start
13 Nov 2026, 12:00 PM
Auction end
13 Nov 2026, 05:00 PM
EMD submission deadline
13 Nov 2026, 12:00 PM
Inspection
—
Authorised officer
Balakrishna N
Officer contact
9642743213
E-auction portal
BAANKNET (Property ID UBINVSKARB7126)
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINVSKARB7126)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Nov 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 13 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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