Flat for Auction Waltair Visakhapatnam 38.2 Lakh by Punjab National Bank 08 Jun 2026
Waltair, Visakhapatnam
Area: 860 Sft
Door No 10-40-17/11,TS No. 1194, Block No.55, JYOTHI ENCLAVE, Waltair Ward, Ram Nagar
Punjab National Bank · ASSET RECOVERY MONITORING BRANCH
Reserve price
₹38,25,000
EMD ₹3,82,500
Auction date
08 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 860 Sft
- ▸Locality: Waltair
- ▸Reserve: ₹38,25,000
- ▸EMD: ₹3,82,500
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Waltair |
| Built-up / plot area | 860 Sft |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MONITORING BRANCH |
| Unit / flat no. | 309 (D-9) |
| Building / society | JYOTHI ENCLAVE |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Waltair, Visakhapatnam by Punjab National Bank — reserve price ₹38,25,000, 860 Sft, Symbolic possession.
Seize the opportunity to own a flat in a bank auction property located in the prime area of Waltair, Visakhapatnam. This residential flat, situated in Jyothi Enclave, offers a comfortable living space. The e-auction is scheduled for 2026-06-08, with a reserve price of ₹3825000.0 and an EMD of ₹382500.0. Don't miss out on this chance to acquire a valuable property in Visakhapatnam through a bank auction. Explore the potential of this bank auction property in a sought-after location.
GeoSquare note: This flat in Waltair, Visakhapatnam, presents a fair investment opportunity with a reasonable reserve price. The symbolic possession might deter some investors, but the location and property type are positive factors. Considering the details of the auction, it's a property worth considering for those familiar with the area.
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