Residential Plot for Auction in Industrial Park Nemam, Kakinada – Union Bank

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Locality

Industrial Park Nemam

City

Kakinada

State

Andhra Pradesh

Pincode

533005

Address

Industrial Park Nemam, Andhra Pradesh, 533005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295

Auction type

SARFAESI Auction

Borrower

SRI V***** R*** & G***** S*****

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

Sreekanth Chowdhury

Officer contact

8985327198

E-auction portal

BAANKNET (Property ID UBINVSKARB8002B)

Previous Auctions of This Property

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 UBINVSKARB8002B)), 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.