Property for Auction in Allipuram, Visakhapatnam, Andhra Pradesh
Auction ID:552851
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MONITORING BRANCH
Reserve Price:₹42,50,000
EMD:₹4,25,000
Service Provider:ebkray
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This is a residential flat located in the Allipuram area of Visakhapatnam, Andhra Pradesh. Previously mortgaged to Punjab National Bank by Smt. Arasada Naga Jyothi, the property is now being auctioned under the SARFAESI Act. Situated in Visakhapatnam, a major coastal city, Allipuram is a well-established locality offering convenient access to essential amenities and services.
State:Andhra Pradesh
City:Visakhapatnam
Area:Allipuram
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Allipuram, Visakhapatnam on August 29, 2025, from 11:00 AM to 4:00 PM. The reserve price for this property is ₹42,50,000, with an Earnest Money Deposit (EMD) of ₹4,25,000 required. This is a great opportunity to acquire a property in the desirable Allipuram area of Visakhapatnam.
Borrower Name:Smt. Arasada Naga Jyothi
Auction Type:SARFAESI Auction
Contact Number: