Property for Auction in Paravada, Visakhapatnam, Andhra Pradesh
Auction ID:554189
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MONITORING BRANCH
Reserve Price:₹1,91,52,000
EMD:₹19,15,000
Service Provider:BAANKNET
Submission Date:08-09-2025 03:00 PM
Bid Start Date:08-09-2025 11:00 AM
This auction features a significant parcel of land located in Paravada, a developing area within Visakhapatnam, Andhra Pradesh. Classified as a residential asset, this land offers excellent potential for development or investment. Situated in a region experiencing growth, the property is easily accessible and positioned for future appreciation. It represents a unique opportunity to own land in a sought-after location in Visakhapatnam.
State:Andhra Pradesh
City:Visakhapatnam
Area:Paravada
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for land in Paravada, Visakhapatnam, Andhra Pradesh. This is a prime opportunity to acquire a valuable asset previously belonging to M/s Kamal Coffee Works. The auction will take place on September 8, 2025, from 11:00 AM to 4:00 PM. The reserve price is set at INR 1,91,52,000, with an Earnest Money Deposit (EMD) of INR 19,15,000 required to participate. Don't miss this chance to invest in a strategically located property.
Borrower Name:M/s Kamal Coffee Works
Auction Type:SARFAESI Auction
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