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All auctions / Andhra Pradesh / Visakhapatnam

Godowns for sale in Visakhapatnam

Visakhapatnam, Andhra Pradesh – 530046

Punjab National Bank · ARMB VISAKHAPATNAM 833300

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹11,71,00,000
EMD
₹1,17,10,000
Bid increment
₹1,00,000

This is the 5th auction of this property. The last auction had a reserve of ₹11,71,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by21 Oct 2026, 3:00 PM (EMD closes in 4 days)
  2. Auction21 Oct 2026, 11:00 AM – 4:00 PM · in 4 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
21 Oct 2026₹11,71,00,000—Upcoming
2 Sep 2026₹11,71,00,000-4.0%Closed
23 Jun 2026₹12,20,00,000—Closed
27 Mar 2026₹12,20,00,000—Closed
25 Feb 2026₹12,20,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,17,10,000
Rest of 25% when you win (same or next day)
₹1,75,65,000
Balance 75%, usually within 15 days
₹8,78,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹58.55 L – ₹93.68 L

You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Commercial · Godowns
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
SURVEY 54/1, 54/2, 54/3 Gotlam village, Gotlam gram panchayat, Bondapalli mandal, Vizianagaram
Borrower
SRI KATYAYANI ENTERPRISES

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