Property for Auction in Dabagardens, Visakhapatnam, Andhra Pradesh
Auction ID:574208
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MONITORING BRANCH
Reserve Price:₹43,20,000
EMD:₹4,32,000
Service Provider:BAANKNET
Submission Date:24-09-2025 05:00 PM
Bid Start Date:25-09-2025 11:00 AM
This is a prime land parcel located in the well-established Dabagardens area of Visakhapatnam, Andhra Pradesh. Ideal for residential development, this asset offers a significant opportunity in a sought-after urban location. The property is part of a SARFAESI auction conducted by Punjab National Bank, presenting a unique chance for investors and developers to acquire a valuable piece of real estate. With its strategic position in Visakhapatnam, this land is well-connected and holds potential for future growth.
State:Andhra Pradesh
City:Visakhapatnam
Area:Dabagardens
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a residential land property situated in Dabagardens, Visakhapatnam, Andhra Pradesh. The auction is for the asset belonging to M/s. Industrial Equipments. The bidding will commence on 25-09-2025 at 11:00 AM and conclude on the same day at 04:00 PM. The reserve price for this valuable land is ₹43,20,000, with an Earnest Money Deposit (EMD) of ₹4,32,000 required to participate. Secure this opportunity by bidding within the specified auction window.
Borrower Name:M/s. Industrial Equipments
Auction Type:SARFAESI Auction
Ph.96409 33383, 98312 00669