Residential Plot SARFAESI Auction Physical Possession

Residential Plot for Auction in Kakinada – Union Bank

Kakinada, Andhra Pradesh · Auction ID #467

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Reserve Price ₹2,52,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 29 Sep 2026, 12:00 PM In 2 days
EMD Last Date 29 Sep 2026, 05:00 PM In 2 days

Property Details

Property type
Residential Plot (Residential)
Possession
Physical Possession
Locality
—
Pincode
533001
Address
Kakinada, Andhra Pradesh, 533001 View on map

Description (as per sale notice)

All that Part & Parcel of the Property consisting of Non-Agricultural converted vacant land situated at R.S.No 59/1, sub Division R.S.No 59/1A, in an extent of Ac 3.99 ½ cents - 19335.8 sq.yards out of Ac.4.29 cents, Peddapuram Municipality, Peddapuram, Village, Peddapuram Mandal , Kakinada District, Peddapuram SRO , With in the following boundaries EAST Land belonging to Nekkanti Ramarao WEST Land conveyed by Boddu Srinivasu to Boddu Ramanamma NORTH Land belonging to Boddu Bhagyalakshmi SOUTH Road Cersai id: Asset id -200027847454 Sec id -400027899885 dated 24-03-2019 (Owned by Mr Boddu Srinivasu, vide Sale Deed No. 2568/2013 dated 08-08-2013 registered at SRO, Peddapuram)

BAANKNET Property ID: UBINVSKARB3101B

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
Auction type
SARFAESI Auction
Borrower
M/s. K***** P***** D**** F**** a** V***** R***** C***** A**** P** L***
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
RAJESH KUMAR T
Officer contact
7845229231

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 UBINVSKARB3101B)), 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.

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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