Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613195
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹10,00,35,000
EMD:₹1,000.35
Bid Increment:₹1
Auction Time:10.30 A.M. to 11.00 A.M.
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
A prime commercial building located on Bellary Road, Kurnool, Andhra Pradesh. This asset, previously owned by M/s Kashyap Constructions Pvt Ltd, presents a significant opportunity in a developing area. Ideal for investment or business expansion, its strategic location offers excellent connectivity and visibility.
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, Kurnool, 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. The auction will take place on November 25, 2025, from 10:30 AM to 11:00 AM. The reserve price is INR 100,035,000, with an Earnest Money Deposit (EMD) of INR 10,004,000 required to participate. This is a unique opportunity to acquire a substantial commercial property.
Borrower Name:M/s Kashyap Constructions Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Santhosh L S, Sreeranga Raju L V, Bharathi B R, Vani M, Ashok Raj A, JocyeMettleda, Venkateswara Ravi Prasad J, Basavara Patel, J Gopal, Bhaskar J, J. Sudhakar
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to the knowledge of the Bank
Why This Property
The commercial building's location on Bellary Road in Kurnool, coupled with its size, presents a decent investment prospect. While the reserve price is substantial, the property's potential return warrants consideration. Auction terms appear standard, making it a calculated opportunity for interested buyers.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:6301683293and9483544116
