CommercialPast auctionVerified listing
Commercial in Visakhapatnam
Visakhapatnam
Reserve price
₹24.00 L
Auction date
28 Jan 2026
12:00 PM
EMD deadline
15 Oct 2025
5:00 PM
Bid increment
₹24,000.00
Auction timeline
Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
15 Oct 2025 at 5:00 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Shops
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹26.50 L
Property Identifiers
Bank Property ID
UBINVSKARB8536A
Location details
Property Address
"Equitable Mortgage of Flat Property in “SAI SHOPPINGCENTRE” belonging to Mrs. KoradaSatyaveniAtchamamba (Regd. Sale Deed No: 919/1994 dated 17.08.1994, SRO Dwarakanagar)
Schedule 1: All that portion of property bearing plot No. 263A being land admeasuring about 1507.05 sq. yds (1260.09 sq. mts) at Dwarakanagar, covered by T.S.No. 674 & 678, Allipuram Ward, Visakhapatnam Municipal Corporation in the Registration Sub-district of Dwarakanagar
Schedule 2: All that undivided share approximating to 14.785 sq. yds or 12.362 sq. mts out of Plot No. 263A, land admeasuring about 215 sq. yds at Dwarakanagar, Visakhapatnam,
Schedule 3: Office Space No.11 in third floor (Shop No. 311) with built up area of 406.95 sq.ft or 37.806 sq. mts in building ”SAI SHOPPING CENTRE”including proportionate share of common areas "
City: Visakhapatnam
District: Visakhapatnam
State: Andhra Pradesh
Pin Code: 530016
Country: India
Price history
2 previous auctions₹26,50,000.00
30 Dec 2025
Commercial
Union Bank of IndiaPossession: Symbolic
₹26,50,000.00
15 Oct 2025
Commercial
Union Bank of IndiaPossession: Symbolic
Borrower & Loan details
Borrower Name
RG FOOD INDUSTRIES
Registered Address of Borrower
.M/s. R G Food Industries, Proprietor: Mr. Korada Rama Gopal Unit: D No: 8-46-2(1), MIG 100, Old CBI Down, 1st Floor, 1st Lane, Vidya Nagar, China Waltair, Visakhapatnam – 530017
Owner
MRS. KORADA SATYAVENI ATCHAMAMBA
Co-Borrower(s)
Mrs. KoradaSatyaveniAtchamamba
Guarantor
Korada Ramagopal, Korada Deepamani, Korada Satyaveni Atchamamba
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
48568536
Borrower CIF
48568536
Guarantor Address
W/o Korada VVSS Rama Gopal D. No. 8-52-2, Old CBI Office Down, Waltair, Visakhapatnam – 530017(Guarantor)
Additional details
Description
"Equitable Mortgage of Flat Property in “SAI SHOPPINGCENTRE” belonging to Mrs. KoradaSatyaveniAtchamamba (Regd. Sale Deed No: 919/1994 dated 17.08.1994, SRO Dwarakanagar)
Schedule 1: All that portion of property bearing plot No. 263A being land admeasuring about 1507.05 sq. yds (1260.09 sq. mts) at Dwarakanagar, covered by T.S.No. 674 & 678, Allipuram Ward, Visakhapatnam Municipal Corporation in the Registration Sub-district of Dwarakanagar
Schedule 2: All that undivided share approximating to 14.785 sq. yds or 12.362 sq. mts out of Plot No. 263A, land admeasuring about 215 sq. yds at Dwarakanagar, Visakhapatnam,
Schedule 3: Office Space No.11 in third floor (Shop No. 311) with built up area of 406.95 sq.ft or 37.806 sq. mts in building ”SAI SHOPPING CENTRE”including proportionate share of common areas "
EMD Schedule
EMD Start
21 Jan 2026
5:48 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
15 Oct 2025
Officer Details
Authorized Officer
BVV Rajeev Kumar
CHIEF MANAGER
Auction Rules
Bid Increment
₹24,000.00
Extension Increment
₹24,000.00
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
UBINVSKARB8536A
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
IFSC: UBIN
Bank contact
+91 99999 99999
Branch Address
ANDHRABANKBUILDINGSVISAKHAPATNAMVISAKHAPTNAMPO - SEETHAMMADHARABranch IFSC
UBIN0806081Department
VISAKHAPATNAM-MAIN-BAZAR-806081