Factory SARFAESI Auction Symbolic Possession

Factory for Auction in Industrial Area Balabhadrapuram, Rajamahendravaram – Union Bank

Industrial Area Balabhadrapuram, Rajamahendravaram, Andhra Pradesh · Auction ID #97017

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Factory for auction in Industrial Area Balabhadrapuram, Rajamahendravaram – Union Bank – photo 1
Factory for auction in Industrial Area Balabhadrapuram, Rajamahendravaram – Union Bank – photo 2
Factory for auction in Industrial Area Balabhadrapuram, Rajamahendravaram – Union Bank – photo 3
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Reserve Price ₹3,24,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Nov 2026, 12:00 PM Today
EMD Last Date 13 Nov 2026, 04:59 PM Today
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Property Details

Property type
Factory (Industrial)
Possession
Symbolic Possession
Locality
Industrial Area Balabhadrapuram
Pincode
533343
Address
Industrial Area Balabhadrapuram, Andhra Pradesh, 533343 View on map

Description (as per sale notice)

RURAL INDUSTRIAL LAND AND BUILDING OF SRI JAYALAKSHMI RICE MILL, IN AN EXTENT OF AC 3.854 CENTS, D.NO. 3-129, R.S. NO. 62/2, NALLAMILLI ROAD, BICCAVOLU, EAST GODAVARI DISTRICT (Note: According to the Document, it is Ac 3.854 cents or 18,653.36 Sq yds but there are only Ac 3.704 cents or 17,927.36 Sq yds)

BAANKNET Property ID: UBINVSKARB1648E
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
Auction type
SARFAESI Auction
Borrower
GAJANANA T*****
Auction start
13 Nov 2026, 12:00 PM
Auction end
13 Nov 2026, 05:00 PM
EMD submission deadline
13 Nov 2026, 04:59 PM
Inspection
—
Authorised officer
P SRINIVAS
Officer contact
9633824996
E-auction portal
BAANKNET (Property ID UBINVSKARB1648E)
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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 UBINVSKARB1648E)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Nov 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 13 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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