Representative illustration — Land bank auction in Etcherla
Representative illustration — not the actual property photograph.
Land Residential Physical possession Fair Option

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

PossessionPhysical
Property typeLand · Residential
LocalityEtcherla
Built-up / plot area406.89 sq. Mtrs
LenderPunjab National Bank
BranchCircle Office SAM Department
Unit / flat no.F-5
Building / societySri Rajarajeswari Residency
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

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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