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Commercial in Vizianagaram

Vizianagaram

Reserve price
₹6.66 Cr
Auction date
28 Jan 2026
12:00 PM
EMD deadline
30 Oct 2025
5:00 PM
Bid increment
₹6,66,000.00

Auction timeline

Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
30 Oct 2025 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹7.50 L
Property Identifiers
Bank Property ID
UBINVSKARB6322

Location details

Property Address
land to the extent of Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet covered by Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram. land to the extent of Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet covered by Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram. land with existing G+1 upper floor RCC semi finished building and AC sheet roofed Industrial Buildings with a plinth area of 7,482 Sq Ft in GF and 7482 Sq Ft in First Floor and 3600 Sq Ft of AC sheet roofed shed constructed on land admeasuring Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet situated in Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram belonging to Mr Palukuri Kanaka Naga Jagannadham.
City: Vizianagaram
District: Vizianagaram
State: Andhra Pradesh
Pin Code: 535001
Country: India

Price history

1 previous auctions
₹7.5L30 Oct₹6.7CrNow 8780.0% up
₹7,50,000.00
30 Oct 2025
Commercial
Union Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
M/S Supthmahalakshmi Steels
Registered Address of Borrower
"/s Suptha Mahalakshmi Steels (Proprietorship Firm) Address 1:- Door NO 9-5/53/2/1, Opposite TSR Apartments Shivajipalem, Visakhapatnam Andhra Pradesh-530017"
Owner
PKN Jagannadham
Ownership of Property
Guarantor
Guarantor
PKN Jagannadham
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
49066322
Borrower CIF
49066322
Guarantor Address
"Mr Palukuri Kanaka Naga Jagannadham S/o Suryanarayana Door No 4-4-11/A, 3rd Lane Kotha Agraharam, Vizianagaram Municipality District Vizianagaram, Andhra Pradesh 535001"

Additional details

Description
land to the extent of Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet covered by Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram. land to the extent of Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet covered by Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram. land with existing G+1 upper floor RCC semi finished building and AC sheet roofed Industrial Buildings with a plinth area of 7,482 Sq Ft in GF and 7482 Sq Ft in First Floor and 3600 Sq Ft of AC sheet roofed shed constructed on land admeasuring Ac 3.06 cents or 14810 Sq Yards along with building tin shed measuring 105.2 x 200 - 21037 sq feet situated in Survey No 42/01, G. Chodavaram Village, Chodammagraharam Panchayath, Vizianagaram District, SRO Bhogapuram belonging to Mr Palukuri Kanaka Naga Jagannadham.

EMD Schedule

EMD Start
21 Jan 2026
5:51 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
30 Oct 2025

Officer Details

Authorized Officer
BVV Rajeev Kumar
CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹6,66,000.00
Extension Increment
₹6,66,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
UBINVSKARB6322
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
ANDHRABANKBUILDINGSVISAKHAPATNAMVISAKHAPTNAMPO - SEETHAMMADHARA
Branch IFSC
UBIN0817295
Department
ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295