Property for Auction in Kakinada, East Godavari, Andhra Pradesh
Auction ID:561108
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹3,91,00,000
EMD:₹39,10,000
Service Provider:BAANKNET
Submission Date:24-09-2025 05:00 PM
Bid Start Date:25-09-2025 11:00 AM
A valuable residential plot located in Kakinada, East Godavari district, Andhra Pradesh. This property is being auctioned by Punjab National Bank under the SARFAESI Act. Kakinada is a rapidly developing city with excellent infrastructure and connectivity, making this plot an attractive investment for residential development or personal use. The property offers a significant opportunity for buyers looking to secure land in a key area of Andhra Pradesh.
State:Andhra Pradesh
City:East Godavari
Area:Kakinada
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Kakinada, East Godavari, Andhra Pradesh. The auction, on behalf of M/s. Sri Mahalakshmi Construction Ventures, will take place on September 25, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹3,91,00,000, with an Earnest Money Deposit (EMD) of ₹39,10,000 required to participate. This is a prime opportunity to acquire property in a sought-after location.
Borrower Name:M/s. Sri Mahalakshmi Construction Ventures
Auction Type:SARFAESI Auction
Contact E Mail: [email protected]