Land for auction Block No.42 Vinayaka Building Visakhapatnam by PNB

Property for Auction in Dabagardens, Visakhapatnam, Andhra Pradesh

Property Type IconProperty Type:
Land
Location IconLocation:
Dabagardens, Visakhapatnam
Auction Date IconAuction Date:
25-09-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:24-09-2025 05:00 PM

Bid Start Date:25-09-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Ph.96409 33383, 98312 00669

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