Property for Auction in Punjagutta, Hyderabad, Telangana
Auction ID:554714
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹3,65,00,000
EMD:₹36,50,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This property is a residential unit located in the well-connected area of Punjagutta, Hyderabad, Telangana. As a residential asset category, it is suitable for individual or family living. The property is being auctioned by Punjab National Bank due to loan default by UMADEVI PHARMACEUTICALS PRIVATE LIMITED under the SARFAESI Act. Punjagutta is a prominent locality in Hyderabad, known for its accessibility and urban amenities. The specific details of the unit, such as size, configuration, and exact location within Punjagutta, will be available in the detailed auction notice.
State:Telangana
City:Hyderabad
Area:Punjagutta
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a residential unit in Punjagutta, Hyderabad. This auction, conducted under the SARFAESI Act, offers a prime residential property. The reserve price is set at ₹3,65,00,000, with an Earnest Money Deposit (EMD) of ₹36,50,000. The auction will take place on August 29, 2025, from 11:00 AM to 4:00 PM. Don't miss this opportunity to acquire a residential unit in the sought-after Punjagutta area of Hyderabad, Telangana. Interested parties are advised to review all auction terms and conditions provided by Punjab National Bank.
Borrower Name:UMADEVI PHARMACEUTICALS PRIVATE LIMITED
Auction Type:SARFAESI Auction
E mail: cs4732@pnb.co.in