Representative illustration — Land bank auction in Ravindra Nagar
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

Land for Auction Ravindra Nagar Nellore 19.2 Lakh by Punjab National Bank 23 Jun 2026

Ravindra Nagar, Nellore

Area: 950 sq.ft.

Flat No. 101, Ground Floor, PADMAVATHI NIVAS Residential Apartment, Door No. 24-7/263/5, Ravindra Nagar, Nellore City, Nellore, Andhra Pradesh

Punjab National Bank · ARMB

Reserve price

₹19,23,000

EMD ₹1,92,300

Auction date

23 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 950 sq.ft.
  • Locality: Ravindra Nagar
  • Reserve: ₹19,23,000
  • EMD: ₹1,92,300

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityRavindra Nagar
Built-up / plot area950 sq.ft.
LenderPunjab National Bank
BranchARMB
Unit / flat no.Flat No. 101
Building / societyPADMAVATHI NIVAS Residential Apartment
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Land bank auction in Ravindra Nagar, Nellore by Punjab National Bank — reserve price ₹19,23,000, 950 sq.ft., Symbolic possession.

Seize this opportunity to own a bank auction property: a residential flat with an undivided share of land in Nellore. This Ground Floor, Flat No. 101, within the 'PADMAVATHI NIVAS Residential Apartment' measures 950 sq.ft., located in the well-regarded Ravindra Nagar area of Nellore City. The property includes a 50 Sq. Yards undivided extent of site (equivalent to 6.25 ankanams). With a reserve price of ₹19,23,000 and an EMD of ₹1,92,300, this clear-titled property (no known encumbrances) is a promising investment. The e-auction is scheduled for June 23, 2026, from 11:00 AM to 04:00 PM. Don't miss this residential flat for sale in Nellore.

GeoSquare note: This residential apartment in Padmavathi Nivas, Ravindra Nagar, Nellore, offers a good investment opportunity. The property comes with an undivided share of land, adding to its value. With no known encumbrances and a competitive reserve price of ₹19.23 Lakhs, it presents a strong buy despite being under symbolic possession.

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