Land for Auction Etcherla Srikakulam 15 Lakh by Punjab National Bank 08 Jun 2026
Etcherla, Srikakulam
Area: 406.89 sq. Mtrs
Sri Rajarajeswari Residency, Thotapalem Village, Etcherla Mandal, Ponduru Sub Division, Srikakulam District-532005
Punjab National Bank · Circle Office SAM Department
Reserve price
₹15,03,900
EMD ₹1,50,390
Auction date
08 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 406.89 sq. Mtrs
- ▸Locality: Etcherla
- ▸Reserve: ₹15,03,900
- ▸EMD: ₹1,50,390
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Etcherla |
| Built-up / plot area | 406.89 sq. Mtrs |
| Lender | Punjab National Bank |
| Branch | Circle Office SAM Department |
| Unit / flat no. | F-5 |
| Building / society | Sri Rajarajeswari Residency |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Etcherla, Srikakulam by Punjab National Bank — reserve price ₹15,03,900, 406.89 sq. Mtrs, Physical possession.
Bank auction property located in Etcherla, Srikakulam. This property includes a piece of land and residential Flat No.F-5, situated on the First Floor of Sri Rajarajeswari Residency. The land measures 406.89 Sq.Mts, while the flat has an area of 750 Sq. Feet. The e-auction is scheduled for 2026-06-08, with a reserve price of ₹1503900 and an EMD of ₹150390. This is an excellent opportunity to acquire a valuable asset through a bank auction property in a developing area.
GeoSquare note: The property, comprising both land and a flat, presents a fair investment opportunity given its location in Etcherla, Srikakulam. The reserve price is relatively moderate. However, potential investors should conduct thorough due diligence regarding the property's condition and local market trends before participating in the auction with physical possesion.
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