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CommercialPast auctionVerified listing

Commercial in Visakhapatnam

Visakhapatnam

Reserve price
₹41.00 L
Auction date
28 Jan 2026
12:00 PM
EMD deadline
15 Oct 2025
5:00 PM
Bid increment
₹41,000.00

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
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹45.50 L
Property Identifiers
Bank Property ID
UBINVSKARB6391B

Location details

Property Address
"Schedule A: Equitable Mortgage of all that piece or parcel of land measuring 25.924 Sq yds or 21.675 sq mts undivided and unspecified out of total extent of 1507.05 sq yds or 1260.09 sq mts, being a Plot no. 263A situated at Dwarakanagar, Visakhapatnam covered by TS no 674 & 678, in Allipuram Ward, Visakhapatnam Municipal Corporation in the Registration Sub-District of Dwarakanagar and in the Registration District of Visakhapatnam belonging to Mr. Korada VVSS Rama Gopal (Regd. Sale Deed No: 2366/2004 dated 27-10-2004 at SRO Dwarakanagar), Schedule B: Shop No. 5 (office space) in Third floor having 713.53 sft., plinth area in the Apartment building “SAI SHOPPING CENTRE” Dwarakanagar Visakhapatnam – 530016 bearing Door No. 47-14-1/26, and Property Tax assessment No. 49972 in Division No. 28 of Municipal Corporation of Visakhapatnam and having Electrical Service Connection No. DP2/Sc. No. 94953"
City: Visakhapatnam
District: Visakhapatnam
State: Andhra Pradesh
Pin Code: 530016
Country: India

Price history

2 previous auctions
₹45.5L15 Oct₹41.0LNow 9.9% down
₹45,50,000.00
30 Dec 2025
Commercial
Union Bank of IndiaPossession: Symbolic
₹45,50,000.00
15 Oct 2025
Commercial
Union Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
DEEPA TRADERS
Registered Address of Borrower
Proprietor Mr. Korada Rama Gopal Alias KVVSS Rama Gopal S/o Korada Rama Rao Office Address: 47-14-1/26, Shop No: 5, 305, 3rd Floor, Sai Shopping Centre, RTC Cross Roads, Dwarakanagar, Visakhapatnam-530016
Owner
MRS. KORADA VVSS RAMAGOPAL
Ownership of Property
Borrower & Guarantor
Guarantor
Korada Ramagopal, Korada Deepamani, Korada Satyaveni Atchamamba
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
42666391
Borrower CIF
42666391
Guarantor Address
W/o Korada VVSS Rama Gopal D. No. 8-52-2, Old CBI Office Down, Waltair, Visakhapatnam – 530017(Guarantor)

Additional details

Description
"Schedule A: Equitable Mortgage of all that piece or parcel of land measuring 25.924 Sq yds or 21.675 sq mts undivided and unspecified out of total extent of 1507.05 sq yds or 1260.09 sq mts, being a Plot no. 263A situated at Dwarakanagar, Visakhapatnam covered by TS no 674 & 678, in Allipuram Ward, Visakhapatnam Municipal Corporation in the Registration Sub-District of Dwarakanagar and in the Registration District of Visakhapatnam belonging to Mr. Korada VVSS Rama Gopal (Regd. Sale Deed No: 2366/2004 dated 27-10-2004 at SRO Dwarakanagar), Schedule B: Shop No. 5 (office space) in Third floor having 713.53 sft., plinth area in the Apartment building “SAI SHOPPING CENTRE” Dwarakanagar Visakhapatnam – 530016 bearing Door No. 47-14-1/26, and Property Tax assessment No. 49972 in Division No. 28 of Municipal Corporation of Visakhapatnam and having Electrical Service Connection No. DP2/Sc. No. 94953"

EMD Schedule

EMD Start
21 Jan 2026
5:49 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

Type of Action
Under SARFAESI
Bid Increment
₹41,000.00
Extension Increment
₹41,000.00
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
UBINVSKARB6391B
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
UBIN0806081
Department
VISAKHAPATNAM-MAIN-BAZAR-806081