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Residential Plot SARFAESI Auction Physical Possession

665 sq yard Residential Plot for Auction in Udayapuram Palasa Kasibugga Town Srikakulam, Srikakulam – Union Bank

Udayapuram Palasa Kasibugga Town Srikakulam, Srikakulam, Andhra Pradesh · Auction ID #205

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Residential Plot for auction in Udayapuram Palasa Kasibugga Town Srikakulam, Srikakulam – Union Bank – photo 1
Residential Plot for auction in Udayapuram Palasa Kasibugga Town Srikakulam, Srikakulam – Union Bank – photo 2
Residential Plot for auction in Udayapuram Palasa Kasibugga Town Srikakulam, Srikakulam – Union Bank – photo 3
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Reserve Price ₹38,50,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM
EMD Last Date 29 Sep 2026, 05:00 PM
Area665 sq yard
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Property Details

Property type
Residential Plot (Residential)
Possession
Physical Possession
Area
665 sq yard (≈ 5,985 sq ft)
Reserve price / sq ft
₹643
Locality
Udayapuram Palasa Kasibugga Town Srikakulam
Pincode
532221
Address
UDAYAPURAM PALASA KASIBUGGA TOWN SRIKAKULAM, Andhra Pradesh, 532221 View on map

Description (as per sale notice)

Residential vacant land (North Side to the site w.r.t the road) to an extent of 665.00 Sq. yards near door number 18-2-345, Patta No.143, Sy. No’s 293/5,293/6,293/7 at Udayapuram Village & Gram Panchayath, Palasa- Kasibugga Municipality, Srikakulam District, Andhra Pradesh belongs to Mrs. Malla Pravallika and Bounded by: Document No 2898/2016 (665.00 sq.yds) As per Physical Observation (North side Plot) East Dry Land of S Sivakatyani Rao & M Paparao Property of others West 20 feet wide Road 20 Feet Wide Road South Site of M Manoj Kumar Vacant Site of Malla Manoj Kumar North Site of B. Krishnarao Property of others

BAANKNET Property ID: UBINVSKARB0235C
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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 S*** S***** T*****
Auction start
29 Sep 2026, 12:00 PM
Auction end
29 Sep 2026, 05:00 PM
EMD submission deadline
29 Sep 2026, 05:00 PM
Inspection
—
Authorised officer
DASARI PRASADA RAO
Officer contact
8967367467
E-auction portal
BAANKNET (Property ID UBINVSKARB0235C)
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Price Check

This listing's reserve price works out to ₹643 per sq ft. The average across residential bank auctions in Srikakulam on our site is ₹3,164 per sq ft, so this one is 80% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

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 UBINVSKARB0235C)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 29 Sep 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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