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Flat Bank Auction Symbolic Possession

Flat for Auction in Visakhapatnam – Union Bank

Visakhapatnam, Andhra Pradesh · Auction ID #115418

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Flat for auction in Visakhapatnam – Union Bank – photo 1
Flat for auction in Visakhapatnam – Union Bank – photo 2
Flat for auction in Visakhapatnam – Union Bank – photo 3
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Reserve Price ₹50,15,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 12:00 PM In 12 days
EMD Last Date 26 Nov 2026, 04:59 PM In 12 days
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Locality
—
Pincode
530018
Address
Visakhapatnam, Andhra Pradesh, 530018 View on map

Description (as per sale notice)

All that piece & parcel of site measuring 43.27 Sq. Yds or 36.17 Sq. Mts being undivided and unspecified share out of 714.7 Sq. Yds or 597.58 Sq. Mts together with foundations of flat bearing No.4 with a plinth area of 1090 Sft (Including Common areas and balconies) in the first floor of “SAI SRINIVASAMU” being Plot Nos. 8, 9 covered by old Survey No.49/2 of Madhavadhara Village, presently covered by Survey No.49/2F of Madhavadhara Village, within the limits of GVMC, in the registration sub district of Dwarakanagar, Visakhapatnam.

BAANKNET Property ID: UBINVSKVSK1972
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
AKAYYAPALEM-557374
Auction type
Bank Auction
Borrower
Tata V***** S***** K***** R**
Auction start
26 Nov 2026, 12:00 PM
Auction end
26 Nov 2026, 05:00 PM
EMD submission deadline
26 Nov 2026, 04:59 PM
Inspection
—
Authorised officer
SANTOSH
Officer contact
8919518082
E-auction portal
BAANKNET (Property ID UBINVSKVSK1972)
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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 UBINVSKVSK1972)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 26 Nov 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 26 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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