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Industrial Industrial Plot with Factory Building in APSEZ Multi Product Special Economic Zone…

APSEZ Multi Product Special Economic Zone, Anakapalli, Andhra Pradesh

This industrial property in APSEZ Multi Product Special Economic Zone, Anakapalli, Andhra Pradesh is up for auction by Union Bank of India, at a reserve price of ₹118.50 Cr. An earnest-money deposit of ₹11.85 Cr is due by 28 Oct 2026, 05:00 PM IST. Bidding opens on 28 Oct 2026, 12:00 PM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹118.50 Cr
Auction starts
28 Oct 2026, 12:00 PM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹118.50 Cr
EMD amount₹11.85 Cr
Auction starts28 Oct 2026, 12:00 PM IST
Auction ends28 Oct 2026, 05:00 PM IST
EMD deadline28 Oct 2026, 05:00 PM IST
BankUnion Bank of India
BranchASSET RECOVERY BRANCH, VISAKHAPATNAM-817295
Property typeIndustrial
Sub typeIndustrial Plot with Factory Building
PIN code531011
StatusUpcoming
Bank property IDUBINVSKARB8165P
Type of auctionUnder SARFAESI
PossessionSymbolic
LocalityAPIIC SEZ ATCHUTAPURAM VISAKHAPATNAM
Borrower addressPlot No. 22 in Survey Nos: 35P, 36P, 37P, 40P &42P of APIIC-De-Notified Area, APSEZ, Lalamkoduru(V), Rambilli, Atchutapuram, Visahakhapatnam PIN-531011
Authorised officerBVV Rajeev Kumar (Authorised Officer - Scale - IV - CM)
Inspection contactDASARI PRASADA RAO · 8967367467
Bid increment₹11,900,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens18 Oct 2026, 12:18
Loan availableYes

Legal description

Item-1 Equitable Mortgage of Land and Building located at Plot No.22 admeasuring 30,610.27 Sq.mts., situated at APSEZ-De-notified Area, covered by Sy.No’s.35P,36P,37P,40P & 42P of Lalam Koduru village, APIIC-IALA-Atchuthapuram, Rambilli Mandal, Visakhapatnam owned by M/s Godaavari Labs Pvt Ltd.(Registered Agreement for Sale of Land between APIIC Ltd and M/s Godaavari Labs Pvt Ltd with No 4628/2014 dt 18.09.2014 at JSRO Yalamanchili, Achuthapuram Mandal, Anakapalli Dist.) As per the Document Property bounded by: East : Plot No 22H and 22A; South : 30 Mtrs Wide Road West : 30 Mtr Wide Road; North : 3.66 Mtr Path Way, 30.00 Mtr wide Green Belt & 15.00 Mtr wide Peripheral Road. Item-2 Hypothecation of Plant & Machinery, Fire Fighting equipment, ETP and Other Fixed Assets of the company located at S.Nos.35P, 36P, 37P, 40P & 42P of Lalam Koduru village, APIIC-IALA-Atchuthapuram, Rambilli Mandal, Visakhapatnam owned by Godaavari Labs Pvt Ltd (List of Plant and Machinery is attached with Sale Notice & Terms of Sale as Annexure-I) Note: Primary Security is financed as Pari Passu Charge between HDFC Bank and Union Bank of India under Multiple Banking Arrangement

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.