All auctions / Andhra Pradesh / Visakhapatnam

Plot for sale in Visakhapatnam

Visakhapatnam, Andhra Pradesh – 530046

Punjab National Bank · ARMB VISAKHAPATNAM 833300

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Reserve price
₹55,50,000
EMD
₹5,55,000
Bid increment
₹50,000

This is the 4th auction of this property. The last auction had a reserve of ₹54,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by27 Oct 2026, 3:00 PM
  2. Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹55,50,000+2.8%Upcoming
17 Jul 2026₹54,00,000-10.0%Closed
26 May 2026₹60,00,000-9.9%Closed
28 Jan 2026₹66,60,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,55,000
Rest of 25% when you win (same or next day)
₹8,32,500
Balance 75%, usually within 15 days
₹41,62,500
Stamp duty and registration (about 5–8%, varies by state)
₹2.77 L – ₹4.44 L

You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
RS118, GOLLALA KODERU VILLAGE, PALAKODERU MANDAL GUNUPUDI
Borrower
K VENKATA NARASIMHACHARYULU

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