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Commercial Office in Kakinada, Andhra Pradesh

Kakinada, Andhra Pradesh

This commercial property in Kakinada, Andhra Pradesh is up for auction by Punjab National Bank, at a reserve price of ₹16.12 Cr. An earnest-money deposit of ₹1.61 Cr is due by 3 Nov 2026, 03:00 PM IST. Bidding opens on 3 Nov 2026, 11:00 AM IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.

Reserve price
₹16.12 Cr
Auction starts
3 Nov 2026, 11:00 AM IST

Open the full listingSale notice (PDF)View on the official portal

Auction details

Reserve price₹16.12 Cr
EMD amount₹1.61 Cr
Auction starts3 Nov 2026, 11:00 AM IST
Auction ends3 Nov 2026, 04:00 PM IST
EMD deadline3 Nov 2026, 03:00 PM IST
BankPunjab National Bank
BranchARMB VISAKHAPATNAM 833300
Property typeCommercial
Sub typeOffice
PIN code533003
StatusUpcoming
Bank property IDPUNBMLC24824753
Type of auctionUnder SARFAESI
PossessionPhysical
Borrower address2 19 3 FOREST OFFICE ROAD MADHAVA NAGAR KAKINADAKAKINADAANDHRA PRADESHINDIA533003,2 19 3 FOREST OFFICE ROAD 2 19 3 FOREST OFFICE ROADKAKINADAANDHRA PRADESHINDIA533003
Authorised officerANIL KUMAR B (Authorised Officer - Scale - IV - CM)
Inspection contactAnil Kumar B · 9831200669
Bid increment₹100,000
Auto-extensionExtends 10 min on a bid in the last 10 min
EMD window opens17 Oct 2026, 18:32

Legal description

All that piece and parcel of Residential cum commercial building (G+3 upper floors and pent house RCC) at Old D. No.2-1-19, Present D.no 2-1-19/52, old RS No 189 part, Block No 2, T.S. No.1312 Subhadra Arcade Bhanugudi Junction Kakinada – 2128-0 sq yds (Undivided share) out of total extent of 5656-0 Sq. Yds.

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This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.