All auctions / Andhra Pradesh / Visakhapatnam
22Oct
VACANT LAND for sale in GOPALAPATNAM Visakhapatnam
Visakhapatnam, Andhra Pradesh – 530017
Canara Bank · SPECIALIZED ARM BRANCH VISAKHAPATNAM-II
- Reserve price
- ₹13,08,55,000
- EMD
- ₹1,30,85,500
- Bid increment
- ₹5,00,000
This is the 5th auction of this property. The last auction had a reserve of ₹11,78,55,000. Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property15 Oct 2026, 10:00 AM – 15 Oct 2026, 6:00 PM
- Pay EMD and submit bid by22 Oct 2026, 1:50 PM (EMD closes in 5 days)
- Auction22 Oct 2026, 1:00 PM – 2:00 PM · in 5 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 22 Oct 2026 | ₹13,08,55,000 | +11.0% | Upcoming |
| 24 Sep 2026 | ₹11,78,55,000 | +26.0% | Closed |
| 17 Apr 2026 | ₹9,35,00,000 | — | Closed |
| 24 Mar 2026 | ₹9,35,00,000 | -5.6% | Closed |
| 25 Feb 2026 | ₹9,90,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,30,85,500
- Rest of 25% when you win (same or next day)
- ₹1,96,28,250
- Balance 75%, usually within 15 days
- ₹9,81,41,250
- Stamp duty and registration (about 5–8%, varies by state)
- ₹65.43 L – ₹1.05 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
- Balaji Garden’s bearing Plot No.9A Part (B), Covered by S.No.123P & 124P of Vepagunta 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.,
Similar auctions nearby
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22Oct
VACANT LAND for sale in Visakhapatnam
Visakhapatnam, Andhra Pradesh
Canara Bank
5th auctionSymbolic possession
in 5 days EMD closes in 5 days
₹14.21 Cr
EMD ₹1.42 Cr
