All auctions / Andhra Pradesh / Visakhapatnam
Plot for sale in Visakhapatnam
Visakhapatnam, Andhra Pradesh – 530046
Punjab National Bank · ARMB VISAKHAPATNAM 833300
- 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
- Pay EMD and submit bid by27 Oct 2026, 3:00 PM
- Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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