All auctions / Andhra Pradesh / Visakhapatnam

VACANT LAND for sale in Visakhapatnam

Visakhapatnam, Andhra Pradesh – 530027

Canara Bank · SPECIALIZED ARM BRANCH VISAKHAPATNAM-II

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Reserve price
₹14,21,46,000
EMD
₹1,42,14,600
Bid increment
₹5,00,000

This is the 5th auction of this property. The last auction had a reserve of ₹12,51,46,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 10:00 AM – 15 Oct 2026, 6:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 1:50 PM (EMD closes in 5 days)
  3. Auction22 Oct 2026, 1:00 PM – 2:00 PM · in 5 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹14,21,46,000+13.6%Upcoming
24 Sep 2026₹12,51,46,000+26.0%Closed
17 Apr 2026₹9,93,00,000—Closed
24 Mar 2026₹9,93,00,000-5.5%Closed
25 Feb 2026₹10,51,22,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,42,14,600
Rest of 25% when you win (same or next day)
₹2,13,21,900
Balance 75%, usually within 15 days
₹10,66,09,500
Stamp duty and registration (about 5–8%, varies by state)
₹71.07 L – ₹1.14 Cr

You may bid above the reserve in steps of ₹5,00,000. 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
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
“Narasimha Nagar” bearing Plot No.10 Part (A), Covered by S.No.4/1 of Gopalapatnam Village within the limits of Greater Visakhapatnam Municipal Corporation, Gopalapatnam S.R.O. Limits, Visakhapatnam District
Borrower
M/s M.S.Ramayya Constructions(p) Ltd.,

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