Land for auction 60 Paravada, Visakhapatnam by PNB

Property for Auction in Paravada, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Paravada, Visakhapatnam
Auction Date IconAuction Date:
08-09-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:08-09-2025 03:00 PM

Bid Start Date:08-09-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Contact branch manager

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