Property Type:
Location:
Auction Date:Auction Details
Auction ID:554208
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MONITORING BRANCH
Reserve Price:₹41,50,000
EMD:₹4,15,000
Service Provider:BAANKNET
Important Dates
Submission Date:20-08-2025 03:00 PM
Bid Start Date:20-08-2025 11:00 AM
Property Description
This auction features a Land And Building property located in the bustling area of Gajuwaka, Visakhapatnam, Andhra Pradesh. Previously owned by M/s. Bhagyalakshmi Apparels, this residential asset offers significant potential. Situated in a well-connected part of Visakhapatnam, the property is ideal for investment or development. The auction is being conducted by Punjab National Bank under SARFAESI guidelines, providing a transparent and secure transaction process for interested buyers.
State:Andhra Pradesh
City:Visakhapatnam
Area:Gajuwaka
Asset Category:Residential
Auction Description
Punjab National Bank presents a SARFAESI auction for a Land And Building property in Gajuwaka, Visakhapatnam. The property is associated with borrower M/s. Bhagyalakshmi Apparels. The auction will take place on August 20, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹41,50,000, with an Earnest Money Deposit (EMD) of ₹4,15,000. This is a prime opportunity to acquire a property in a sought-after location in Andhra Pradesh.
Borrower Name:M/s. Bhagyalakshmi Apparels
Auction Type:SARFAESI Auction
Contact Details
Contact E Mail: [email protected]
