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Commercial Building SARFAESI Auction Physical Possession

Commercial Building for Auction in Visakhapatnam, Visakhapatnam – Union Bank

Visakhapatnam, Visakhapatnam, Andhra Pradesh · Auction ID #123

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Commercial Building photo 1 Commercial Building photo 2 Commercial Building photo 3
Reserve Price ₹1,36,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 28 Oct 2026, 12:00 PM In 28 days
EMD Last Date 28 Oct 2026, 12:00 PM In 28 days

Property Details

Property type
Commercial Building (Commercial)
Possession
Physical Possession
Locality
Visakhapatnam
Pincode
530002
Address
Visakhapatnam, Andhra Pradesh, 530002 View on map

Description (as per sale notice)

"All that site measuring an extent of AC 0.59 cents or 2855.6 sq yards or 2387.65 sq.mts covered by old survey No.82/2B,New survey No.82/2B3 asper Revenue records issued by RDO vide its Dis No.409/2016/IDT/dt 09.08.2016 situated at Pengollu Revenue Village & Panchayat of S Rayavaram mandal,Nakkapalli sub-Registrar office limits, Visakhapatnam district belonging to sri Uddandam Appa Rao. East : Land belongs to Uddandam Rajeswara Rao, Gram Panchayat & others South : Land belongs to Danturti subbalakshmi & others West : NH-16 Road, North : Road"

BAANKNET Property ID: UBINVSKARB7188

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
Auction type
SARFAESI Auction
Borrower
ORANGE M****
Auction start
28 Oct 2026, 12:00 PM
Auction end
28 Oct 2026, 05:00 PM
EMD submission deadline
28 Oct 2026, 12:00 PM
Inspection
—
Authorised officer
Y N Rajpal
Officer contact
6201812675

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 UBINVSKARB7188)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 28 Oct 2026, 12:00 PM. It is refunded if you don't win.
  5. Bid online on 28 Oct 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.

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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