Commercial Building for auction Bellary Road Kurnool 8 Cr Canara Bank

Property for Auction in bellary road, Kurnool, Andhra Pradesh

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
6529.50 Sq.ft
Reserve Price
7,70,21,000
Reserve Price
7,70,21,000
EMD Required
77,02,000
Property Specifications
Size6529.50 Sq.ft
Unit No.51/936 A
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Building
Location IconLocation:
bellary road, Kurnool
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612839

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:7,70,21,000

EMD:77,02,000

Bid Increment:1

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

A distinguished commercial building located on Bellary Road, Kurnool, Andhra Pradesh. This prime asset is offered by Canara Bank, presenting a significant opportunity for investment in a commercially active region. The property is suitable for a wide range of business ventures, offering ample space and a strategic location within Kurnool city.

State:Andhra Pradesh

City:Kurnool

Area:bellary road

Asset Category:Commercial

Full Address:51/936 A, No 51/936 A in Sy nos 403/2A3, 404B/2C & 404/A3, 51st ward, Opp. New APSRTS Bus stand, Bellary road, Bellary Road, Kurnool

Size:6529.50 Sq.ft

Auction Description

Canara Bank presents a SARFAESI auction for a prime commercial building in Kurnool, Andhra Pradesh, situated on Bellary Road. The auction is scheduled for November 25, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is set at ₹7,70,21,000, with an Earnest Money Deposit (EMD) of ₹77,02,000 required to participate. This is a unique chance to acquire a valuable commercial asset from M/s Kashyap Constructions Pvt Ltd.

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 commercial building in Kurnool presents a calculated opportunity due to its location and size, though the reserve price requires careful consideration. Its location on Bellary Road could make it a good investment at the right bid. The auction terms are standard, and due diligence is recommended.

Contact Details

Branch:Branch Office : ARM Branch

Service Provider:Public Auction

Contact Details:

Contact no:08025310066

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