Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612838
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹10,00,35,000
EMD:₹1,00,04,000
Bid Increment:₹1,00,000
Auction Time:10:30 AM to 11.00AM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a prime commercial building located on Bellary Road in Kurnool, Andhra Pradesh. The property is ideal for various business ventures and offers excellent accessibility. It is being auctioned by Canara Bank as part of a SARFAESI action.
State:Andhra Pradesh
City:Kurnool
Area:bellary road
Asset Category:Commercial
Full Address:51/936 G, D No 51/936 G in Sy nos 403/2A3, 404B/2C & 404/A3, 51st ward. Opp New APSRTS Bus stand, Bellary road, Bellary Road, Kurnool
Size:3702.28 sq ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial building in Kurnool, Andhra Pradesh, situated on Bellary Road. The auction will take place on November 25, 2025, from 11:00 AM to 01:00 PM. The reserve price for this valuable asset is ₹10,00,35,000.00, with an Earnest Money Deposit (EMD) of ₹1,00,04,000.00. This is a significant opportunity to acquire a commercial property in a developing area.
Borrower Name:M/s Kashyap Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Santhosh L S, Sreeranga Raju L V, Bharathi B R, Mrs. Vani M, Mr. Ashok Raj A, Mrs. Jocye Mettleda, Venkateswara Ravi Prasad J, Basavara Patel, J. Gopal, Bhaskar J, Mr J Sudhakar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not to the knowledge of the Bank
Why This Property
The property is a commercial building in Kurnool with a significant reserve price. Its location near the bus stand adds to its potential, but the high price requires careful due diligence. It's a calculated opportunity with moderate risk.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:Public Auction
Contact Details:
Contact no:08025310066
