Canara Bank Industrial Land Auction in Palnadu, Vijayawada

Industrial site along with factory & building situated in a total extent of Ac 1.76 cents at [D No. 579/AA1, D No. 579/AA3 Ac 0.41 cents (ITEM:1) + D No. 581/A1-Ac 0.55 cents (ITEM:2) + D No. 581/A3-Ac 0.80 cents (ITEM:3)] in Kavuru village, Chilakaluripet sub-district & mandal, Narasaropet registration district standing in the name of Sri Murakonda Ravindrababu s/o M Kesavarao vide document no.'s 1061/2011 & 1062/2011. Boundaries as per deed.

This is a SARFAESI auction for an industrial land property located in Palnadu, Vijayawada, Andhra Pradesh, being auctioned by Canara Bank. The property comprises an industrial site with a factory and building, covering a total extent of Ac 1.76 cents. It is situated in Kavuru village, Chilakaluripet sub-district and mandal, Narasaropet registration district. The land is in the name of Sri Murakonda Ravindrababu and is associated with document numbers 1061/2011 & 1062/2011. The auction has a reserve price of INR 12,700,000.00 and an Earnest Money Deposit (EMD) of INR 1,270,000.00. The auction will be conducted by BAANKNET from the ARM BRANCH, CIRCLE OFFICE- VIJAYAWADA. The auction starts on 28-02-2025 at 12:00 PM and ends on 28-02-2025 at 04:00 PM.