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Flat SARFAESI Auction Symbolic Possession

Flat for Auction in Nellore, Nellore – PNB

Nellore, Nellore, Andhra Pradesh · Auction ID #163

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Flat photo 1 Flat photo 2 Flat photo 3
Reserve Price ₹25,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 15 Oct 2026, 10:00 AM In 16 days
EMD Last Date 15 Oct 2026, 03:00 PM In 16 days

Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Locality
Nellore
Pincode
524001
Address
Nellore, Andhra Pradesh, 524001 View on map

Description (as per sale notice)

SCHEDULE-“B” In “A” Schedule property to be constructed “PADMAVATHI NIVAS” Residential Apartment, in it Ground Floor, Flat No. 101 (this Flat Door No. 24-7/263/5) Assessment No.1031085162, measuring an extent of 950 sq.ft including common area of RCC Flat bounded by: East : Common passage or to some extent staircase to some extent South : Vacan site between this apartment and Ramana Nivas Apartment West : Vacant site between this flat and this apartment compound wall North : Vacant site between this flat and this apartment compound wall Within these boundaries an extent of 950 Sq.ft or 88.257 Sq.mts of RCC construction together an extent of 32 ankanams 6 Sq.ft of site, in it undivided extent of 6.25 ankanams or 50 Sq.Yards. Latitude and Longitude 14.427889, 79.971556

BAANKNET Property ID: PUNBGC262641000

Bank & Auction Details

Branch
ARMB VIJAYWADA833200
Auction type
SARFAESI Auction
Borrower
SRINIVASULU H*****
Auction start
15 Oct 2026, 10:00 AM
Auction end
15 Oct 2026, 04:00 PM
EMD submission deadline
15 Oct 2026, 03:00 PM
Inspection
—
Authorised officer
VELAYUTHAM MUNISWAMY
Officer contact
9962572153

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID PUNBGC262641000)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 15 Oct 2026, 03:00 PM. It is refunded if you don't win.
  5. Bid online on 15 Oct 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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