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House SARFAESI Auction Symbolic Possession

House for Auction in Kakinada, Industrial Park Nemam, Kakinada – Union Bank

Kakinada, Industrial Park Nemam, Kakinada, Andhra Pradesh · Auction ID #7955

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House for auction in Kakinada, Industrial Park Nemam, Kakinada – Union Bank – photo 1
Reserve Price ₹56,25,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Oct 2026, 12:00 PM
EMD Last Date 13 Oct 2026, 05:00 PM
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Locality
Kakinada, Industrial Park Nemam
Pincode
533005
Address
Kakinada, Industrial Park Nemam, Andhra Pradesh, 533005 View on map

Description (as per sale notice)

All that Part & Parcel of the Property consisting of Residential Land & building there on bearing D.No. 3-247, in S.No 175/2, Near Lakshmi Ganapathi Temple, Madhura Nagar, S Atchuthapuram, Kakinada, East Godavari, presently Kakinada District to an extent of 170.82 sq. yards (Part1 88.88 sq.yards + part-2 81.94 sq.yards) Property belongs to Dr. Annavaram Pithani and bounded by:- Boundaries for part-1 -88.88 sq.yards EAST Property belongs to Pithani annavaram acquired from Madugula Vijaya WEST Property of Mr. G Satyanarayana and others SOUTH Property of others NORTH Road Boundaries for part-2 -81.94 sq.yards EAST Property of C.K.Bhanu WEST Property belongs to pithani annavaram acquired from Pithani Lakshmi SOUTH Property of Mr. Rayudu Suryanarayana and others NORTH Road

BAANKNET Property ID: UBINVSKARB6179B
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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 R**** H*****
Auction start
13 Oct 2026, 12:00 PM
Auction end
13 Oct 2026, 05:00 PM
EMD submission deadline
13 Oct 2026, 05:00 PM
Inspection
—
Authorised officer
DASARI PRASADA RAO
Officer contact
8967367467
E-auction portal
BAANKNET (Property ID UBINVSKARB6179B)
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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 UBINVSKARB6179B)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 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.

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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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