Flat for Auction Madhavadhara Visakhapatnam 21.4 Lakh by Pnb Housing Finance Limited 30 Jun 2026
Madhavadhara, Visakhapatnam
Flat No. 401, Third Floor, Lohith Residency, Sy No. 42 2A2, Madhavadhara, Visakhapatnam District, Andhra Pradesh 530018
PNB Housing Finance Limited · VISAKHAPATNAM
Reserve price
₹21,43,000
EMD ₹2,14,300
Auction date
30 Jun 2026, 02:00 PM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Locality: Madhavadhara
- ▸Reserve: ₹21,43,000
- ▸EMD: ₹2,14,300
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Madhavadhara |
| Lender | PNB Housing Finance Limited |
| Branch | VISAKHAPATNAM |
| Unit / flat no. | Flat No. 401 |
| Building / society | Lohith Residency |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | bankauctions.in |
About this property
Flat bank auction in Madhavadhara, Visakhapatnam by PNB Housing Finance Limited — reserve price ₹21,43,000, Physical possession.
Seize this opportunity to acquire a bank auction property from PNB Housing Finance Limited. This residential flat, Flat No. 401, is situated on the Third Floor of Lohith Residency in the desirable Madhavadhara area of Visakhapatnam, Andhra Pradesh 530018. The property is offered with physical possession, minimizing buyer risks. The reserve price for this attractive flat for sale is ₹2,143,000.0, with an Earnest Money Deposit (EMD) of ₹214,300.0. The e-auction is scheduled for June 30, 2026, from 2:00 PM to 5:00 PM. Prospective bidders can inspect the property on June 18, 2026. This is an ideal investment for those looking for a residential property in Visakhapatnam through a transparent bank auction process.
GeoSquare note: This residential flat in Madhavadhara, Visakhapatnam, presents a strong investment opportunity, largely due to its desirable location and the 'Physical' possession status, which significantly reduces potential complications. With a competitive reserve price of ₹21.43 lakhs for a flat in this area, it offers good value. The clear auction details provided by PNB Housing Finance further enhance its appeal, making it a highly recommended 'Strong Buy'.
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