Representative illustration — Flat bank auction in Gajuwaka
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

Flat for Auction Gajuwaka Visakhapatnam 20.5 Lakh by Punjab National Bank 08 Jun 2026

Gajuwaka, Visakhapatnam

Area: 900 Sft

Unit No. AT/2, Ashish Villas, Third Floor, Gajuwaka

Punjab National Bank · ASSET RECOVERY MONITORING BRANCH

Reserve price

₹20,50,000

EMD ₹2,05,000

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 900 Sft
  • Locality: Gajuwaka
  • Reserve: ₹20,50,000
  • EMD: ₹2,05,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityGajuwaka
Built-up / plot area900 Sft
LenderPunjab National Bank
BranchASSET RECOVERY MONITORING BRANCH
Unit / flat no.AT/2
Building / societyAshish Villas
FloorThird Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Flat bank auction in Gajuwaka, Visakhapatnam by Punjab National Bank — reserve price ₹20,50,000, 900 Sft, Symbolic possession.

Bank auction property! A residential flat, Unit No. AT/2, in Ashish Villas, located in the heart of Gajuwaka, Visakhapatnam, is up for grabs. This flat offers 900 Sft of living space on the Third Floor. The e-auction is scheduled for June 8, 2026, with a reserve price of ₹20.5 Lakhs and an EMD of ₹2.05 Lakhs. This is a great opportunity to own a flat in a prime location through a bank auction. Don't miss out on this incredible deal in Visakhapatnam!

GeoSquare note: The property is a flat in Gajuwaka, Visakhapatnam, with a relatively low reserve price. The symbolic possession might deter some buyers, and the older construction could require renovations. However, the price range makes it a reasonable option for budget-conscious buyers looking for a property in this location.

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