Land & Building for auction Rachagunneri Chittoor 1 Cr Punjab National Bank

Punjab National Bank presents an industrial land and building for auction in Srikalahasthi, Chittoor, Andhra Pradesh. This asset, formerly belonging to M/s Lakshmi Oil Industries, offers a significant opportunity in a key industrial area. The property is categorized as Industrial Land & Building, suitable for various manufacturing or storage purposes. Located in the bustling region of Chittoor, it benefits from the state's industrial growth and infrastructure. This is a prime chance to acquire a substantial industrial unit in a developing economic zone.

Participate in the SARFAESI auction conducted by Punjab National Bank for industrial land and building in Srikalahasthi, Chittoor. The auction will commence on December 5, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at ₹1,00,80,000, with an Earnest Money Deposit (EMD) of ₹10,08,000 required to bid. This is a unique opportunity to acquire a valuable industrial asset directly from the bank. Ensure all documentation and bid requirements are met before the auction closes.

The property is an industrial land located in Srikalahasthi. The reserve price seems reasonable. Therefore, it can be categorized as calculated opportunity.