Land for Auction Palakollu Visakhapatnam 17.4 Lakh by Punjab National Bank 08 Jun 2026
Palakollu, Visakhapatnam
Area: 59.30 Sq. Yds.
RS No.210, Assessment No. 107905922, old ward No.10, New ward No. 19, Palakollu, West Godavari Dist., Andhra Pradesh
Punjab National Bank · ASSET RECOVERY MONITORING BRANCH
Reserve price
₹17,40,000
EMD ₹1,74,000
Auction date
08 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 59.30 Sq. Yds.
- ▸Locality: Palakollu
- ▸Reserve: ₹17,40,000
- ▸EMD: ₹1,74,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Palakollu |
| Built-up / plot area | 59.30 Sq. Yds. |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MONITORING BRANCH |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | Public Auction |
About this property
Land bank auction in Palakollu, Visakhapatnam by Punjab National Bank — reserve price ₹17,40,000, 59.30 Sq. Yds., Symbolic possession.
Explore this bank auction property in Palakollu, West Godavari! This residential land, measuring 59.30 Sq. Yds., presents a unique investment opportunity. Offered by Punjab National Bank, this land is strategically located in a developing area. The auction features a reserve price of ₹17,40,000 and an EMD of ₹1,74,000. Don't miss out on this chance to acquire a valuable asset through a bank auction. Perfect for investors and individuals looking for land for sale in Palakollu.
GeoSquare note: The property is a land in Palakollu with a relatively low reserve price, which makes it accessible to a broader range of investors. However, the possession status is symbolic and the value range might be lower compared to properties with physical possession. Considering the details, it presents a reasonable, though not exceptional, investment opportunity.
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